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The Convention on Transit Trade of Land-locked States is a multilateral treaty that addresses international rules allowing for land-locked countries to transport goods to and from seaports. The convention imposes obligations on both land-locked states and on coastal states that ratify the treaty.
BUY AMER. CERT (Buy America Certified) stenciled on tracks of the Sonoma–Marin Area Rail Transit system, which was partially funded with federal grants. Section 165 of the Surface Transportation Assistance Act of 1982 (commonly called the Buy America Act) is a section of the larger STAA that deals with purchases related to rail or road transportation. [1]
FOB (free on board) is a term in international commercial law specifying at what point respective obligations, costs, and risk involved in the delivery of goods shift from the seller to the buyer under the Incoterms standard published by the International Chamber of Commerce. FOB is only used in non-containerized sea freight or inland waterway ...
Article 9 stated that none of its provisions can contradict obligations of states within the League of Nations. Article 10 stated that the statute shall replace all other transit agreements concluded prior to 1 May 1921. Article 11 permitted governments to grant greater freedoms of transit than provided in the statute, if they chose to do so.
Direct transport: A provision requiring goods that are claiming preferential treatment under an FTA to be shipped directly from the FTA country of origin to the FTA country of destination. Duty drawback: A provision that relates to reclaims or refunds of customs duties previously paid on inputs. In the context of FTAs, duty drawback provision ...
The Carriage of Goods by Sea Act (COGSA) [1] is a United States statute governing the rights and responsibilities between shippers of cargo and ship-owners regarding ocean shipments to and from the United States.
The Convention on Common Transit (CTC) is a treaty between the countries of the European Union and a number of other countries for common procedures for international transit of goods, [1] thus simplifying or eliminating much of the paperwork normally associated with moving goods across international borders.
(and), in the absence of government provision, these goods or services would be produced in relatively small quantities or, perhaps, not at all." [3] Public goods include knowledge, [4] official statistics, national security, common languages, [5] law enforcement, broadcast radio, [6] flood control systems, aids to navigation, and street lighting.