Lifecycle
- Effective
- Last change
Country / jurisdiction: Republic of Turkiye · Year: 2020 · Status: In force · Level: National · Type: Voluntary
The Partial Economic Agreement between Venezuela and Turkey entered into force in August 2020, reducing or eliminating import tariffs between the countries, including for:
Aluminium ores and concentrates
Cobalt ores and concentrates
Copper ores and concentrates
Carbonates; lithium carbonate
Nickel oxides and hydroxides
Lithium oxide and hydroxide
Heat pumps
Electric accumulators; lithium-ion, including separators, whether or not rectangular (including square)
Fertilizers
Rules of origin delineated in the Agreement state that goods may benefit from preferential tariff treatment of wholly produced in the parties territories or having undergone sufficient production processes there (eg. entailing changes in terms of tariff classification) or incorporating non-originating materials which value is below 25% - 50% of the ex-works price of the final product.
Official source: https://www.trade.gov.tr/free-trade-agreements/venezuela
Source
https://www.iea.org/policies/19713Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.