Chinese Taipei- Guatemala Free Trade Agreement

The Free Trade Agreement between Chinese Taipei and Guatamala entered into force in 2006. It provides for preferential border tariffs for most products traded between them, including iron and steel, minerals, hydrocarbons, machinery, reactors, semiconductor, and automotive parts.

Rule of origins delineated in the Agreement state that to qualify for the preferential tariff treatment, good should be wholly obtained or have undergone a sufficient production process in the territory of the signatories, or satisfy a 35-50%minimum local value content requirement.

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