PART F
EXPORT PROMOTION SCHEMES
ARTICLE 25
Principles of Export Promotion Schemes
1.
The Partner States agree to support export promotion schemes in the
Community for the purposes of accelerating development, promoting and
facilitating export oriented investments, producing export competitive goods,
developing an enabling environment for export promotion schemes and
attracting foreign direct investment.
2.
(a) The Partner States agree that goods benefiting from export
promotion schemes shall primarily be for export.
(b) In the event that such goods are sold in the customs territory such
goods shall attract full duties, levies and other charges provided in the Common
External Tariff.
3.
The sale of goods in the customs territory shall be subject to authorisation
by a competent authority and such sale shall be limited to 20 per centum of the
annual production of a company.
ARTICLE 26
Duty Drawback Schemes
1.
The Partner States agree that, upon exportation to a foreign country,
drawback of import duties may be allowed in such amounts and on such
conditions as may be prescribed by the competent authority.
2.
Duty drawback shall be paid:
(a)
upon submission of an application to the competent authority
within such a period from the date of exportation or performance of the
conditions on which drawback may be allowed as the competent authority
may prescribe; and
(b) on goods or any material used in the manufacture or processing of
such goods may be granted in accordance with and subject to such
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