ANNEX 3
TARIFF REDUCTION FOR HIGHLY SENSITIVE PRODUCTS
- The beginning tariff rates for highly sensitive products shall be the applied rates in the year of phasing in.
- The commitment on beginning rates shall not prejudice the right of the Member States in paragraph 1 of this Annex to maintain quantitative restrictions and other non-tariff barriers until 1 January 2010, when they are to be eliminated as stipulated by Article 4 paragraph 1 and Article 5 paragraph of this Protocol.
- The ending tariff rates for highly sensitive products shall be:
- Indonesia: 20%;
- Malaysia: 20%; and
- Philippines: to be determined within the CEPT framework.