Any company involved in international trade can benefit from the fair and predictable rules of this agreement for the valuation of goods for customs purposes. b) similar products that, although not the same in all respects, have similar characteristics and similar components allowing them to perform the same functions and be commercially interchangeable. The quality of the products, their reputation and the existence of a brand are among the factors to be considered in determining whether the goods are similar; 3. Members of developed countries provide technical assistance to members of developed countries who request it, under mutually agreed conditions. On this basis, members of developed countries establish technical assistance programmes that may include, among other things, staff training, assistance in the preparation of enforcement measures, access to sources of information on the customs assessment methodology and advice on the implementation of the provisions of this agreement. The above evaluation methods should be used in hierarchical order. All information that is confidential in nature or that is provided confidentially for customs purposes is treated strictly confidentially by the relevant authorities, which they cannot disclose without the express permission of the person or government transmitting this information, unless it can be disclosed in the context of legal proceedings. The WTO Assessment Agreement is officially referred to as the Agreement on the Implementation of Article VII of the 1994 General Agreement on Tariffs and Trade (GATT). It replaced the GATT evaluation code following the uruguay round multilateral trade negotiations that launched the WTO in 1994. whereas evaluation procedures should not be used to combat dumping; [Customs Assessment Rules – Corrections (complements and exclusions) of the transaction value covered by Section 1] The full text of the agreement is available on the WTO website.
More information on the agreement and its application is also available on the WTO website in the Trade Topics category. In cases where it is not possible to determine the transaction value of imported goods, the agreement provides for other valuation methods.