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CHINA-MACAO, China
China-Macao CEPA
 Interactive trade indicators

Technical notes for performance indicators
Performance Indicators :
Member Countries

China Macao,SAR

Mainland and Macao Closer Economic Partnership Arrangement

Status :  In force since 2003
Scope : Bilateral
Type : FTA & EIA
WTO Notification : GATT Art XXIV, GATS Art V 2003
Agreement text : 
http://www.economia.gov.mo/web/DSE/public?_nfpb=true&_pageLabel=Pg_CEPA_Index&locale=en_US
Other links : 
http://www.worldtradelaw.net/fta/agreements/chinmacaofta.pdf
WTO consideration process : 
http://www.wto.org/english/tratop_e/region_e/fact_abst_china_macao_e.doc
GOODS
Tariffs
Positive list, can be reviewed annually
tariff elimination by 2006
Rules of Origin
Change in tariff classification- Chapter 3 of the agrement
Value added 30%
Specific manufacturing process required
Contingency Measures
   Anti - Dumping : 
   Countervailing Duties : 
   Safeguards : 

Standards : 
Notes:
No provisions for coverage of agricultural goods.
SERVICES
WTO Notification (GATS Art. V)Notified
       Date of notification 27/12/2003

       Consideration Process : Factual Presentation issued


Liberalization ApproachPositive Lists

Modes Covered
Cross-border supply (Mode1)
Consumption abroad (Mode2)
Presence of natural persons (Mode4)

Specific Chapters on

Specific Sectors Excluded

Public Sectors carve-out : Other
              No explicit public services carve-out.

Most Favoured Nation : Not featured

National Treatment : Not featured

Market Access : Not featured

Domestic Regulation : Not featured

Subsidies covered by services disciplines : Covered

Denial of benefits for commercial presence :
          Annex 5 sets out detailed rules of origin and on denial of benefits.


Notes :
           No major disciplines in the text of the agreement. Substantial and sectoral obligations are adopted by positive listing in the schedules of commitments.


Link to schedules :
INVESTMENT
Scheduling Approach

Definition of investment

Most Favoured Nation :
                           
National Treatment :
                           
Fair and Equitable Treatment :
                           
Expropriation :
                           
Board of Directors and executive personnel :

Invester - State arbitration :

Denial of Benefits :
          


Additional BIT exists between the parties :
          BIT list I :
                    Status:
          BIT list II :
                    Status:

Notes :
          Investment covered only in services part of nthe agreement.Article 16 sets The Parties will promote trade and investment facilitation through greater transparency, standards conformity and enhanced information exchange


Link to schedules :
TRADE FACILITATION
Customs procedures : Yes Article 17 of the Agreement
Customs valuation : Yes Article 17 of the Agreement
Trade regulations publication and administration (transparency) : Yes Chapter 5, Article 16 of the Agreement
E-Commerce / Paperless trade : No
Cooperation in trade facilitation : No
OTHER AREAS
Government Procurement : No
Investment : Yes
Competition Policy : No
Intellectual Property : No
Dispute Settlement : Yes
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : Yes The Parties have set up a Joint Steering Committee (JSC), which comprises senior representatives or officials designated by them.
Notes:
Macao already applies zero tariff on products from the mainland. The agreement is like HK's.
RULES OF ORIGIN
Cumulation
bilateral
Specific Process
some process accepted as requirement (with substantial transformation)
Heading Change
tariff heading change at the 4-digit level
De Minimis
Minimum Content
minimum content 30%
Drawback
Http Link
Notes
CHINA-MACAO, China
China-Macao CEPA

Member Countries
China
Macao,SAR
Total: 2 countries

Mainland and Macao Closer Economic Partnership Arrangement

Status :  In force since 2003
Scope : Bilateral
Type : FTA & EIA
WTO Notification : GATT Art XXIV, GATS Art V 2003
Agreement text : 
http://www.economia.gov.mo/web/DSE/public?_nfpb=true&_pageLabel=Pg_CEPA_Index&locale=en_US

Other links : 
http://www.worldtradelaw.net/fta/agreements/chinmacaofta.pdf

WTO consideration process : 
http://www.wto.org/english/tratop_e/region_e/fact_abst_china_macao_e.doc
GOODS
Tariffs
Positive list, can be reviewed annually
tariff elimination by 2006

Rules of Origin
Change in tariff classification- Chapter 3 of the agrement
Value added 30%
Specific manufacturing process required

Contingency Measures
Anti - Dumping : 
Countervailing Duties : 
Safeguards : 

Standards : 

Notes:
No provisions for coverage of agricultural goods.


SERVICES
WTO Notification (GATS Art. V)Notified
Date of notification : 27/12/2003
Consideration Process : Factual Presentation issued

Liberalization ApproachPositive Lists

Modes Covered
Cross - Border Supply : Yes
Consumption Abroad : Yes
Movement of Natural Persons : Yes

Specific Chapters on
Specific Sectors Excluded
Public Sectors carve-out : Other
No explicit public services carve-out.

Most Favoured Nation : Not featured

National Treatment : Not featured

Market Access : Not featured

Domestic Regulation : Not featured

Subsidies covered by services disciplines : Covered

Denial of benefits for commercial presence :
Annex 5 sets out detailed rules of origin and on denial of benefits.


Notes:
No major disciplines in the text of the agreement. Substantial and sectoral obligations are adopted by positive listing in the schedules of commitments.

Link to schedules :

INVESTMENT
Scheduling Approach

Definition of investment

Most Favoured Nation :

National Treatment :


Fair and Equitable Treatment :


Expropriation :


Board of Directors and executive personnel :

Invester - State arbitration : No

Denial of Benefits :


Additional BIT exists between the parties :No

BIT list I :
Status:
BIT list II :
Status:

Notes :
Investment covered only in services part of nthe agreement.Article 16 sets The Parties will promote trade and investment facilitation through greater transparency, standards conformity and enhanced information exchange


Link to schedules :

TRADE FACILITATION
Customs procedures : Yes Article 17 of the Agreement
Customs valuation : Yes Article 17 of the Agreement
Trade regulations publication and administration : Yes Chapter 5, Article 16 of the Agreement
Use of ICT : No
Mobility of business people : No
Freedom of transit : No
Transport and logistics : No
Trade finance : No

OTHER AREAS
Government Procurement : No
Investment : Yes
Competition Policy : No
Intellectual Property : No
Dispute Settlement : Yes
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : Yes The Parties have set up a Joint Steering Committee (JSC), which comprises senior representatives or officials designated by them.

Notes:
Macao already applies zero tariff on products from the mainland. The agreement is like HK's.


RULES OF ORIGIN
Cumulation
bilateral
Specific Process
some process accepted as requirement (with substantial transformation)
Heading Change
tariff heading change at the 4-digit level
De Minimis

Minimum Content
minimum content 30%
Drawback

Http Link

Notes

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