Translation of "Abaissement et consolidation des droits de douane " (French → English) :

bindings and reductions of tariffs | tariff reductions and bindings

lowering or raising of customs duties

the binding against increase of low duties or of duty-free treatment

bound tariff rates

binding of duties [ binding of customs duties ]

bind a customs duty

After 2009, new agreements were concluded between the EU and Central American countries, further lowering tariffs for those countries.

4. For those products originating in the European Community listed in Table 3, applied ad valorem customs duties shall be bound within the limit listed in column "a" and applied specific duties shall be bound within the limits listed in column "b".

5. Notes that India's high import tariffs and, despite recent significant progress, non-tariff barriers, remain a genuine concern for EU industry; believes that upholding such a protectionist policy after economic liberalisation gives rise to market distortions and manipulations; is concerned that WTO tariff negotiations have not led to any improvement (there was no binding of tariffs or commitment to maximum "binding" rates, which were also kept high) and that efforts consequently made by the Commission to open a bilateral dialogue with India on the subject of specific distortions have so far been unsuccessful; notes that a reduction ...[+++] in trade barriers can bring progressive improvements in trading conditions with the objective of promoting growth, employment and sustainable development; calls on India to bind its import tariffs at levels closer to its applied rates within the context of the DDA and to make further efforts to remove part of the existing non-tariff barriers; encourages the High Level Trade Group to work towards eliminating tariffs between the parties on substantially all trade through a bilateral free trade agreement, thus providing opportunities for existing and potential exporters to develop their business and diversify their export base;

5. Notes that India's high import tariffs and, despite recent significant progress, non-tariff barriers, remain a genuine concern for EU industry; believes that upholding such a protectionist policy after economic liberalisation gives rise to market distortions and manipulations; is concerned that WTO tariff negotiations have not led to any improvement (there was no binding of tariffs or commitment to maximum "binding" rates, which were also kept high) and that efforts consequently made by the Commission to open a bilateral dialogue with India on the subject of specific distortions have so far been unsuccessful; notes that a reduction ...[+++] in trade barriers can bring progressive improvements in trading conditions with the objective of promoting growth, employment and sustainable development; calls on India to bind its import tariffs at levels closer to its applied rates within the context of the DDA and to make further efforts to remove part of the existing non-tariff barriers; encourages the High Level Trade Group to work towards eliminating tariffs between the parties on substantially all trade through a bilateral free trade agreement, thus providing opportunities for existing and potential exporters to develop their business and diversify their export base;