Hong Kong - Peru FTA (2024)
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production means methods of obtaining a good including growing, cultivating, harvesting, picking, gathering, raising, breeding, hunting, trapping, fishing, capturing, aquaculture, mining, collecting, extracting, manufacturing, processing or assembling a good.

Article 3.2. Originating Goods

Unless otherwise provided in this Chapter, a good is originating if it is:

(a) wholly obtained or produced entirely in the Area of one or both Parties, in accordance with Article 3.3;

(b) produced entirely in the Area of one or both Parties, exclusively from originating materials; or

(c) produced entirely in the Area of one or both Parties using non-originating materials, provided the good satisfies all applicable requirements of Annex 3-B,

and the good satisfies all other applicable requirements of this Chapter.

Article 3.3. Wholly Obtained or Produced Goods

For the purposes of Article 3.2(a), a good is wholly obtained or produced entirely in the Area of one or both Parties if it is:

(a) a plant or plant good grown, cultivated, harvested, picked or gathered there;

(b) a live animal born and raised there;

(c) a good obtained from a live animal there;

(d) an animal obtained by hunting, trapping, fishing, gathering or capturing there;

(e) a good obtained from aquaculture there;

(f) a mineral or other naturally occurring substance, not included in subparagraphs (a) through (e), extracted or taken from there;

(g) fish, shellfish, other goods of sea-fishing and other marine life taken from the sea, seabed or subsoil outside the Areas of the Parties, in accordance with international law, by a vessel that is registered or recorded with a Party and entitled to fly the flag of that Party;

(h) a good obtained or produced exclusively from goods referred to in subparagraph (g) on board a factory ship that is registered or recorded with a Party and entitled to fly the flag of that Party;

(i) a good other than fish, shellfish, other goods of sea-fishing and other marine life taken by a Party or a person of a Party from the seabed or subsoil outside the Areas of the Parties, and beyond areas over which non-parties exercise jurisdiction, provided that Party or person of that Party has the right to exploit that seabed or subsoil in accordance with international law;

(j) waste or scrap derived from:

(i) production carried out there; or

(ii) used goods collected there,

provided that those goods are fit only for the recovery of raw materials; and

(k) a good produced there, exclusively from goods referred to in subparagraphs (a) through (j), or from their derivatives.

Article 3.4. Regional Value Content

1. A regional value content requirement specified in this Chapter is calculated as follows:

RVC = FOB - VNM / FOB x 100

where:

RVC is the regional value content of a good, expressed as a percentage;

FOB is defined in Article 3.1; and

VNM is the value of non-originating materials, including materials of undetermined origin, used in the production of a good.

2. The value of the non-originating materials shall be:

(a) the CIF value at the time of importation of the materials; or

(b) the earliest ascertained price paid or payable for the non-originating materials in the Area of the Party where the working or processing takes place. When the producer of a good acquires non-originating materials within that Party, the value of such materials shall not include freight, insurance, packing costs and any other costs incurred in transporting the materials from the supplier’s warehouse to the producer’s location.

3. The values referred to in this Article shall be determined in accordance with the Customs Valuation Agreement.

Article 3.5. Accumulation

1. Originating materials of a Party incorporated into a good in the Area of the other Party shall be considered as originating in the Area of that other Party.

2. The Parties shall meet at a time to be agreed by them to review this Article and any outcome of the review has to be agreed by the Parties.

Article 3.6. De Minimis

1. A good that does not meet the change of tariff classification requirement in accordance with Annex 3-B shall be considered as originating if the value of all non-originating materials used in its production not meeting the change of tariff classification requirement does not exceed 10% of the total value of the good.

2. If the good mentioned in paragraph 1 is also subject to a regional value content requirement, the value of all non-originating materials used in its production shall be considered for calculating the regional value content of the good.

3. For paragraph 1 and paragraph 2, the good shall satisfy all other applicable requirements of this Chapter.

Article 3.7. Minimal Operations or Processes

1. Notwithstanding any provision in this Chapter, a good shall not be considered to have satisfied the requirements for an originating good merely by reason of going through one or more of the following operations:

(a) operations to ensure the preservation of the good in good condition during transport and storage;

(b) breaking-up or assembly of consignments;

(c) packing, unpacking or repacking operations for retail sale purposes;

(d) slaughter of animals;

(e) simple assembly of parts of the good to constitute a complete good or disassembly of the good into parts;

(f) washing, cleaning or removal of dust, oxide, oil, paint or other coverings;

(g) ironing, folding or pressing of textiles;

(h) simple painting and polishing operations;

(i) sharpening, simple grinding or simple cutting;

(j) sifting, screening, sorting, classifying, grading, matching (including the mere making-up of sets of articles);

(k) affixing or printing marks, labels, logos and other like distinguishing signs on products or their packaging;

(l) simple mixing of products, whether or not of different kinds; or

(m) placing in bottles, cans, flasks, bags, cases or boxes.

2. Printing of marks, labels, logos and other like distinguishing signs shall not be considered as an insufficient working or processing operation if the printed marks, labels, logos and other like distinguishing signs are the goods to be exported under preferential tariff treatment.

3. “Simple” describes an activity which needs neither special skills nor special machines, apparatus or equipment especially produced or installed for carrying out the activity.

4. “Simple mixing” describes an activity which needs neither special skills nor special machines, apparatus or equipment especially produced or installed for carrying out the activity. However, “simple mixing” does not include chemical reaction.

Article 3.8. Fungible Goods or Materials

In determining whether a good is an originating good, any fungible good or material shall be distinguished by:

(a) physical segregation of each fungible good or material; or

(b) use of any inventory management method recognised in the generally accepted accounting principles if the fungible good or material is commingled, provided that the inventory management method selected is used throughout the fiscal year of the person that selected the inventory management method.

Article 3.9. Accessories, Spare Parts, Tools or Instructional or other Information Materials

1. In determining whether a good is an originating good in accordance with Article 3.2(a) or 3.2(b), or satisfies the applicable process or change of tariff classification requirement as set out in Annex 3-B, accessories, spare parts, tools or instructional or other information materials, as described in paragraph 4, shall be disregarded.

2. In determining whether a good meets a regional value content requirement, the value of the accessories, spare parts, tools or instructional or other information materials, as described in paragraph 4, shall be taken into account as originating or non-originating materials, as the case may be, in calculating the regional value content of the good.

3. A good’s accessories, spare parts, tools or instructional or other information materials, as described in paragraph 4, have the originating status of the good with which they are delivered.

4. For the purposes of this Article, accessories, spare parts, tools or instructional or other information materials are covered when:

(a) the accessories, spare parts, tools or instructional or other information materials are classified and delivered with but not invoiced separately from the good; and

(b) the types, quantities and value of the accessories, spare parts, tools or instructional or other information materials are customary for that good.

Article 3.10. Packaging Materials and Containers for Retail Sale

1. Packaging materials and containers in which a good is packaged for retail sale, if classified with the good, shall be disregarded in determining whether all the non-originating materials used in the production of the good have satisfied the applicable process or change of tariff classification requirement set out in Annex 3-B or whether the good is an originating good in accordance with Article 3.2(a) or 3.2(b).

2. If a good is subject to a regional value content requirement, the value of the packaging materials and containers in which the good is packaged for retail sale, if classified with the good, are taken into account as originating or non-originating, as the case may be, in calculating the regional value content of the good.

Article 3.11. Packing Materials and Containers for Shipment

Packing materials and containers for shipment shall be disregarded in determining whether a good is originating.

Article 3.12. Indirect Materials

In order to determine whether a good is originating, the origin of the indirect materials shall not be taken into account.

Article 3.13. Sets of Goods

Sets, as defined in General Rule 3 of the HS, shall be regarded as originating when all the components of the sets are originating. Nevertheless, when a set is composed of originating and non-originating goods, the set as a whole shall be regarded as originating, provided that the value of the non-originating goods does not exceed 15% of the total value of the set.

Article 3.14. Direct Transport

1. In order for an originating good to maintain its originating status, the good shall be transported directly between the Areas of the Parties.

2. Notwithstanding paragraph 1, a good transported from the Area of the exporting Party to the Area of the importing Party through one or more non-parties in transit, with or without transhipment or temporary storage of up to three months in such non-parties, shall be considered as transported directly from the Area of the exporting Party to the Area of the importing Party, provided that:

(a) the good remains under customs control in those non-parties; and

(b) the good does not undergo any operation in those non-parties other than unloading, reloading, repacking, labelling required by the laws of the importing Party or any operation required to keep it in good condition or to transport it to the Area of the importing Party.

3. Compliance with paragraph 1 and paragraph 2 shall be evidenced by presenting to the customs administration of the importing Party, either with customs documents of the non-parties or with any other documents provided to the satisfaction of the customs administration of the importing Party.

4. For greater certainty, in cases of transit or transhipment without temporary storage, the importer shall submit, on request of the customs administration of the importing Party, transport documents covering the whole transporting route from the Area of the exporting Party to the Area of the importing Party, which demonstrate that the good was shipped from the Area of the exporting Party to the Area of the importing Party. In cases of storage in one or more non-parties, the importer shall additionally submit customs documents of the non-parties or supporting documents issued by other relevant agencies, in accordance with the laws and regulations of such non-parties.

Section B. Origin Procedures

Article 3.15. Certificate of Origin

1. In order for an originating good to qualify for preferential tariff treatment, the importer shall submit a Certificate of Origin issued in accordance with the format as set out in Annex 3-A.

2. The exporter of the good shall apply to the authorised body of the exporting Party for a Certificate of Origin, which shall be issued before or at the time of exportation.

3. Notwithstanding paragraph 2, a Certificate of Origin may, under exceptional circumstances, be issued retrospectively subsequent to the exportation of the good if:

(a) it was not issued at the time of exportation because of errors, involuntary omissions or any other circumstances; or it was issued and it contains errors that were detected before its submission to the customs administration of the importing Party; or

(b) it is demonstrated to the satisfaction of the authorised body of the exporting Party that a Certificate of Origin was issued but was not accepted at importation for technical reasons. The validity period of the Certificate of Origin issued retrospectively shall remain the same as that of the Certificate of Origin originally issued.

When the Certificate of Origin is issued retrospectively, it shall be indicated in the Remarks box of the Certificate of Origin the phrase “ISSUED RETROSPECTIVELY”.

4. The Certificate of Origin shall be in English.

5. The exporter of the good applying for a Certificate of Origin shall provide the commercial invoice(s) and all other appropriate supporting documents to prove the originating status of the good concerned when required by the authorised body, and fulfil all other applicable requirements of this Chapter.

6. The Certificate of Origin referred to in paragraph 1 shall be valid for one year from its date of issuance.

7. In the event of theft, loss or destruction of a Certificate of Origin, the exporter may apply in writing to the authorised body which issued the Certificate of Origin for a certified true copy of the original, on the basis of the export documents in the possession of the exporter. The certified true copy issued in this manner shall bear in the Remarks box of the Certificate of Origin the phrase “CERTIFIED TRUE COPY”. The certified true copy shall be valid during the validity period of the original Certificate of Origin.

Article 3.16. Exemption of Certificate of Origin

1. Neither Party shall require a Certificate of Origin demonstrating that a good is originating if the customs value of the importation does not exceed US$600 or an equivalent amount in the currency of the importing Party, unless the importing Party considers the importation to be part of a series of importations carried out or planned for the purposes of evading compliance with the importing Party’s laws and regulations for claiming preferential tariff treatment under this Agreement.

2. Paragraph 1 shall apply to goods that are covered under a single invoice and imported under a single import customs declaration.

Article 3.17. Authorised Body

1. The competent authority of each Party shall inform the competent authority of the other Party of the name of each of its authorised bodies and shall provide impression specimens of the stamps used for the issuance of Certificates of Origin. Any change in the information so provided shall be communicated in advance to the competent authority of the other Party. A Certificate of Origin containing a name of an authorised body or a stamp not communicated in advance shall be rejected.

2. The authorised body shall carry out proper examination in accordance with its laws and regulations to ensure that the information covered by a Certificate of Origin, including the originating status of the goods concerned, is correct.

3. A Party shall provide the other Party with a website access to check information of the Certificates of Origin issued by its authorised bodies.

Article 3.18. Minor Errors or Slight Discrepancies

If the origin of an imported good is not in doubt, minor transcription errors in a Certificate of Origin or slight discrepancies with other documentation related to the importation shall not cause the rejection of the Certificate of Origin if it does in fact correspond to the good. However, this does not prevent the importing Party from initiating a verification process in accordance with Article 3.23.

Article 3.19. Obligations Regarding Importations

1. Unless otherwise provided in this Chapter, an importer claiming preferential tariff treatment shall:

(a) make a written statement in the import customs declaration, based on a valid Certificate of Origin, indicating that a good qualifies as an originating good;

(b) hold the Certificate of Origin at the time the statement referred to in subparagraph (a) is made;

(c) hold the documents which evidence that the requirements in Article 3.14 have been met, if applicable; and

(d) submit the valid Certificate of Origin as well as the documents indicated in subparagraph (c) to the customs administration of the importing Party, when required.

2. When an importer has reason to believe that a Certificate of Origin on which the statement referred to in paragraph 1(a) was based contains incorrect information, the importer shall correct the import customs declaration and pay any customs duty and, if applicable, penalties owed.

Article 3.20. Refund of Import Customs Duty

1. If an originating good is imported into the Area of a Party without a Certificate of Origin under this Agreement, the importer may apply for a refund of any excess import customs duty paid, if applicable, within one year of the date on which the good was imported, on presentation of:

(a) a valid Certificate of Origin, which shall comply with Article 3.15; and

(b) other documentation related to the importation of the good as the customs administration of the importing Party may require,

provided that the importer, before the release of the good, had already provided a written declaration or record in the import customs declaration that the good was eligible for preferential tariff treatment.

2. No customs duty shall be refunded in the case where the importer failed to declare to the customs administration of the importing Party, before the release of the good, that the good was eligible for preferential tariff treatment under this Agreement, even though a valid Certificate of Origin was provided to the customs administration subsequently.

Article 3.21. Supporting Documents

The documents used for the purposes of proving that a good covered by a Certificate of Origin is originating and fulfils all applicable requirements of this Chapter may include the following:

(a) direct evidence of the processes carried out by the exporter or producer to obtain the good, contained for example in the accounts or internal book-keeping of the exporter or producer;

(b) documents proving the originating status of the materials used, including the certificates of origin; and

(c) documents proving the working or processing of materials.

Article 3.22. Record Keeping of Certificate of Origin and Supporting Documents

1. The exporter applying for a Certificate of Origin shall keep the documents referred to in Article 3.21 for at least three years from the date of issuance of the Certificate of Origin.

2. The competent authority or an authorised body of the exporting Party issuing a Certificate of Origin shall keep a copy of the Certificate of Origin for at least three years from its date of issuance.

3. The producer of a good that provides supporting documents to the exporter or to an authorised body for the purposes of issuance of a Certificate of Origin shall keep the records relating to the origin of the good for at least three years from the date of the delivery of such documents.

4. The importer claiming preferential tariff treatment for a good imported into the Area of a Party shall keep the records related to the importation, including a copy of the Certificate of Origin, for at least three years from the date of importation of the good.

Article 3.23. Verification Process

1. For the purposes of determining whether a good imported into a Party from the other Party qualifies as an originating good, the importing Party may conduct a verification process by means of:

(a) written requests for information from the importer;

(b) written requests for information from the exporter or producer through the exporting Party;

(c) requests that the exporting Party assist in verifying the origin of the good; or

(d) on-site visits to the premises of the exporter or producer in the Area of the exporting Party, in company with the exporting Party in a manner to be jointly agreed by the Parties, to observe the facilities and the production process of the good.

2. For the purposes of paragraph 1(b), paragraph 1(c) and paragraph 1(d), all requests for information by the importing Party and information provided by the exporting Party shall be in English and communicated through the competent authority of each Party.

3. For the purposes of paragraph 1(a) and paragraph 1(b), if the importer, exporter or producer does not respond to the written request for information made by the importing Party within 90 days of its receipt, the importing Party may deny preferential tariff treatment for the relevant good.

4. For the purposes of paragraph 1(c), the importing Party shall provide the exporting Party with:

(a) the reasons why such assistance for verification is requested;

(b) the Certificate of Origin of the good, or a copy thereof; and

(c) any information and documents as may be necessary for the purposes of such request.

The exporting Party shall provide the importing Party with a written statement in English, regarding the origin of the good under the verification process, including the following information:

(a) description of the production process of the good;

(b) description and tariff classification of originating and non-originating materials, indicating the producer of such materials; and

(c) detailed explanation of how the good obtained the status of an originating good.

In the cases where the exporting Party does not provide the written statement within 150 days of the request or where the written statement does not contain sufficient information, the importing Party shall determine the origin of the good based on the best information available at that moment.

5. For the purposes of paragraph 1(d), the importing Party shall notify the exporting Party by writing, 30 days prior to the on-site visit, indicating the reasons for such request. In the case where the exporting Party does not give its written consent to such request within 30 days of the receipt of the notification, the importing Party may deny preferential tariff treatment for the relevant good.

6. The importing Party shall, within 300 days of the request made by the importing Party pursuant to paragraph 1, notify the exporting Party in writing of the results of the determination on the origin of the good, as well as the legal basis and findings of fact, based on which the determination is made.

7. If, at the time of importation, the customs administration of the importing Party has a reasonable doubt about the origin of a good covered under a Certificate of Origin, the good may be released upon a deposit or the payment of customs duty, pending the outcome of the verification process. The above deposit or duty paid shall be refunded once the outcome of the verification process confirms that the good qualifies as an originating good.

  • Chapter   1 INITIAL PROVISIONS AND GENERAL DEFINITIONS 1
  • Section   A Initial Provisions 1
  • Article   1.1 Establishment of a Free Trade Area 1
  • Article   1.2 Relation to other Agreements 1
  • Section   B General Definitions 1
  • Article   1.3 General Definitions 1
  • Section   C Interpretations 1
  • Article   1.4 Interpretations 1
  • Chapter   2 TRADE IN GOODS 1
  • Section   A Definitions and Scope 1
  • Article   2.1 Definitions 1
  • Article   2.2 Scope of Application 1
  • Section   B National Treatment 1
  • Article   2.3 National Treatment 1
  • Section   C Elimination of Customs Duties 1
  • Article   2.4 Elimination of Customs Duties 1
  • Section   D Special Regimes 1
  • Article   2.5 Temporary Admission of Goods 1
  • Article   2.6 Duty-Free Entry of Commercial Samples of Negligible Value and Printed Advertising Materials 1
  • Section   E Non-Tariff Measures 1
  • Article   2.7 Import and Export Restrictions 1
  • Article   2.8 Import Licensing 1
  • Article   2.9 Administrative Fees and Formalities 1
  • Article   2.10 State Trading Enterprises 1
  • Article   2.11 Agricultural Export Subsidies 1
  • Chapter   3 RULES OF ORIGIN AND ORIGIN PROCEDURES 1
  • Article   3.1 Definitions 1
  • Article   3.2 Originating Goods 2
  • Article   3.3 Wholly Obtained or Produced Goods 2
  • Article   3.4 Regional Value Content 2
  • Article   3.5 Accumulation 2
  • Article   3.6 De Minimis 2
  • Article   3.7 Minimal Operations or Processes 2
  • Article   3.8 Fungible Goods or Materials 2
  • Article   3.9 Accessories, Spare Parts, Tools or Instructional or other Information Materials 2
  • Article   3.10 Packaging Materials and Containers for Retail Sale 2
  • Article   3.11 Packing Materials and Containers for Shipment 2
  • Article   3.12 Indirect Materials 2
  • Article   3.13 Sets of Goods 2
  • Article   3.14 Direct Transport 2
  • Section   B Origin Procedures 2
  • Article   3.15 Certificate of Origin 2
  • Article   3.16 Exemption of Certificate of Origin 2
  • Article   3.17 Authorised Body 2
  • Article   3.18 Minor Errors or Slight Discrepancies 2
  • Article   3.19 Obligations Regarding Importations 2
  • Article   3.20 Refund of Import Customs Duty 2
  • Article   3.21 Supporting Documents 2
  • Article   3.22 Record Keeping of Certificate of Origin and Supporting Documents 2
  • Article   3.23 Verification Process 2
  • Article   3.24 Denial of Preferential Tariff Treatment 3
  • Article   3.25 Electronic Origin Data Exchange 3
  • Article   3.26 Penalties 3
  • Article   3.27 Confidentiality 3
  • Chapter   4 CUSTOMS PROCEDURES AND TRADE FACILITATION 3
  • Article   4.1 Definitions 3
  • Article   4.2 Objectives 3
  • Article   4.3 Scope 3
  • Article   4.4 Affirmation of the WTO Agreement on Trade Facilitation 3
  • Article   4.5 Customs Valuation 3
  • Article   4.6 Tariff Classification 3
  • Article   4.7 Competent Authorities 3
  • Article   4.8 Facilitation 3
  • Article   4.9 Advance Rulings 3
  • Article   4.10 Application of Information Technology 3
  • Article   4.11 Single Window 3
  • Article   4.12 Use of International Standards 3
  • Article   4.13 Risk Management 3
  • Article   4.14 Publication and Enquiry Points 3
  • Article   4.15 Express Consignments 3
  • Article   4.16 Release of Goods 3
  • Article   4.17 Border Agency Cooperation 3
  • Article   4.18 Perishable Goods 3
  • Article   4.19 Penalties 3
  • Article   4.20 Review of Formalities and Documentation Requirements 3
  • Article   4.21 Authorised Economic Operator 3
  • Article   4.22 Review and Appeal 3
  • Article   4.23 Customs Cooperation and Assistance 3
  • Article   4.24 Consultation 3
  • Chapter   5 TECHNICAL BARRIERS TO TRADE 3
  • Article   5.1 Definitions 3
  • Article   5.2 Objectives 3
  • Article   5.3 Scope 4
  • Article   5.4 Affirmation of the TBT Agreement 4
  • Article   5.5 International Standards, Guides and Recommendations 4
  • Article   5.6 Equivalence of Technical Regulations 4
  • Article   5.7 Conformity Assessment Procedures 4
  • Article   5.8 Transparency 4
  • Article   5.9 Technical Cooperation 4
  • Article   5.10 Information Exchange 4
  • Article   5.11 Consultations 4
  • Article   5.12 Committee on Technical Barriers to Trade 4
  • Article   5.13 Contact Points 4
  • Chapter   6 SANITARY AND PHYTOSANITARY MEASURES 4
  • Article   6.1 Definitions 4
  • Article   6.2 Objectives 4
  • Article   6.3 Scope 4
  • Article   6.4 Affirmation of the SPS Agreement 4
  • Article   6.5 Transparency 4
  • Article   6.6 Equivalence 4
  • Article   6.7 Science and Risk Analysis 4
  • Article   6.8 Adaptation to Regional Conditions 4
  • Article   6.9 Cooperation 4
  • Article   6.10 Consultations 4
  • Article   6.11 Committee on SPS Measures 4
  • Article   6.12 Contact Points 4
  • Chapter   7 TRADE REMEDIES 4
  • Section   A Anti-dumping and Countervailing Duties 4
  • Article   7.1 Anti-dumping 4
  • Article   7.2 Subsidies and Countervailing Measures 4
  • Section   B Safeguard Measures 4
  • Article   7.3 Definitions 4
  • Article   7.4 Global Safeguard Measures 4
  • Article   7.5 Imposition of a Transitional Safeguard Measure 5
  • Article   7.6 Investigation Procedures and Transparency Requirements 5
  • Article   7.7 Standards for a Transitional Safeguard Measure 5
  • Article   7.8 Notification and Consultation 5
  • Article   7.9 Compensation 5
  • Article   7.10 Relation to other Safeguard Measures 5
  • Chapter   8 TRADE IN SERVICES 5
  • Article   8.1 Definitions 5
  • Article   8.2 Scope 5
  • Article   8.3 National Treatment (2) 5
  • Article   8.4 Most-Favoured-Nation Treatment 5
  • Article   8.5 Market Access 5
  • Article   8.6 Local Presence 5
  • Article   8.7 Non-Conforming Measures 5
  • Article   8.8 Domestic Regulation 5
  • Article   8.9 Recognition 6
  • Article   8.10 Denial of Benefits 6
  • Article   8.11 Transparency 6
  • Article   8.12 Payments and Transfers 6
  • Article   8.13 Contact Points 6
  • Annex 8-A  PROFESSIONAL SERVICES 6
  • Annex I  SCHEDULE OF HONG KONG, CHINA (Existing Non-Conforming Measures for Trade in Services) (1) 6
  • Annex I  SCHEDULE OF PERU (Existing Non-Conforming Measures for Trade in Services and Establishment) (1) 7
  • Annex II  SCHEDULE OF HONG KONG, CHINA (Reservations for Trade in Services) (1) 9
  • Annex II  SCHEDULE OF PERU (Reservations for Trade in Services and Establishment) (1) 11
  • Chapter   9 FINANCIAL SERVICES 12
  • Article   9.1 Definitions 12
  • Article   9.2 Scope 13
  • Article   9.3 National Treatment (2) 13
  • Article   9.4 Most-Favoured-Nation Treatment 13
  • Article   9.5 Market Access for Financial Institutions 13
  • Article   9.6 Cross-Border Trade 13
  • Article   9.7 Special Formalities and Information Requirements 13
  • Article   9.8 Senior Management and Boards of Directors 13
  • Article   9.9 Non-Conforming Measures 13
  • Article   9.10 Electronic Payment Card Systems 13
  • Article   9.11 Transparency and Administration of Measures 13
  • Article   9.12 Expedited Availability of Insurance Services 13
  • Article   9.13 Financial Services New to the Area of a Party 13
  • Article   9.14 Self-Regulatory Organisations 13
  • Article   9.15 Performance of Back-Office Functions 13
  • Article   9.16 Payment and Clearing Systems 13
  • Article   9.17 Denial of Benefits 13
  • Article   9.18 Payments and Transfers 13
  • Article   9.19 Treatment of Certain Information 13
  • Article   9.20 Exceptions Including for Prudential Reasons 13
  • Article   9.21 Recognition 13
  • Article   9.22 Consultations 13
  • Article   9.23 Contact Points 13
  • Article   9.24 Specific Provisions on Dispute Settlement 13
  • Annex 9-A  CROSS-BORDER TRADE 14
  • Annex 9-B  AUTHORITIES RESPONSIBLE FOR FINANCIAL SERVICES 14
  • Annex III  SCHEDULE OF HONG KONG, CHINA (Financial Services) (1) 14
  • Annex III  SCHEDULE OF PERU (Financial Services) (1) 14
  • Chapter   10 TEMPORARY ENTRY FOR BUSINESS PERSONS 15
  • Article   10.1 Definitions 15
  • Article   10.2 Scope 15
  • Article   10.3 Application Procedures 15
  • Article   10.4 Grant of Temporary Entry 15
  • Article   10.5 Provision of Information 15
  • Article   10.6 Relation to other Chapters 15
  • Article   10.7 Dispute Settlement 15
  • Annex 10-A  SPECIFIC TEMPORARY ENTRY FOR BUSINESS PERSONS. Schedule of Hong Kong, China (1) 15
  • Annex 10-A  SPECIFIC COMMITMENTS ON TEMPORARY ENTRY FOR BUSINESS PERSONS. Schedule of Peru (1) 16
  • Chapter   11 ELECTRONIC COMMERCE 16
  • Article   11.1 Definitions 16
  • Article   11.2 Scope 16
  • Article   11.3 Review 16
  • Article   11.4 Electronic Signatures and Electronic Authentication 16
  • Article   11.5 Electronic Contracts 16
  • Article   11.6 Electronic Transactions Framework 16
  • Article   11.7 Consumer Protection 16
  • Article   11.8 Customs Duties 16
  • Article   11.9 Non-Discriminatory Treatment of Digital Products 16
  • Article   11.10 Movement of Information 16
  • Article   11.11 Location of Computing Facilities 16
  • Article   11.12 Protection of Personal Information 16
  • Article   11.13 Paperless Trading 16
  • Article   11.14 Principles on Access to and Use of the Internet for Electronic Commerce 16
  • Article   11.15 Unsolicited Commercial Electronic Messages 16
  • Article   11.16 Treatment of Source Code 16
  • Article   11.17 Cooperation 16
  • Article   11.18 Future Discussion 16
  • Chapter   12 ESTABLISHMENT AND RELATED PROVISIONS 16
  • Article   12.1 Definitions 16
  • Article   12.2 Scope 17
  • Article   12.3 Relation to other Chapters 17
  • Article   12.4 National Treatment (6) 17
  • Article   12.5 Performance Requirements 17
  • Article   12.6 Non-Conforming Measures 17
  • Article   12.7 Special Formalities and Information Requirements 17
  • Article   12.8 Denial of Benefits 17
  • Article   12.9 Establishment and Environmental, Health and other Regulatory Objectives 17
  • Article   12.10 Exceptions 17
  • Annex I  SCHEDULE OF HONG KONG, CHINA (Existing Non-Conforming Measures for Establishment) (1) 17
  • Annex I  SCHEDULE OF PERU (Existing Non-Conforming Measures for Trade in Services and Establishment) (1) 17
  • Annex II  SCHEDULE OF HONG KONG, CHINA (Reservations for Establishment) (1) 19
  • Annex II  SCHEDULE OF PERU (Reservations for Trade in Services and Establishment) (1) 20
  • Chapter   13 INTELLECTUAL PROPERTY 22
  • Article   13.1 Definitions 22
  • Article   13.2 Objective 22
  • Article   13.3 Principles 22
  • Article   13.4 Nature and Scope of Obligations 22
  • Article   13.5 International Agreements 22
  • Article   13.6 Exhaustion 22
  • Article   13.7 Procedures on Acquisition and Maintenance 22
  • Article   13.8 Transparency 22
  • Article   13.9 Patentable Subject Matter 22
  • Article   13.10 Amendments, Corrections and Observations on Patent Applications 22
  • Article   13.11 Trademarks 22
  • Article   13.12 Well-Known Trademarks 22
  • Article   13.13 Collective and Certification Marks 22
  • Article   13.14 Geographical Indications 22
  • Article   13.15 Country Brand 22
  • Article   13.16 Genetic Resources and Traditional Knowledge 22
  • Article   13.17 Plant Breeders’ Rights 22
  • Article   13.18 Collective Management of Copyright or Related Rights 22
  • Article   13.19 Protection of Undisclosed Information 22
  • Article   13.20 Special Requirements Related to Border Measures 22
  • Article   13.21 Enforcement 22
  • Article   13.22 Exchange of Information 22
  • Article   13.23 Cooperation 22
  • Article   13.24 Communications and Contact Points 22
  • Chapter   14 COMPETITION 22
  • Article   14.1 Definitions 22
  • Article   14.2 Competition Laws and Authorities and Anti-competitive Conduct 22
  • Article   14.3 Procedural Fairness In Competition Law Enforcement (3) 22
  • Article   14.4 Private Right of Action 22
  • Article   14.5 Cooperation 22
  • Article   14.6 Technical Cooperation 22
  • Article   14.7 Consumer Protection 23
  • Article   14.8 Transparency 23
  • Article   14.9 Consultgations 23
  • Article   14.10 Non-application of Dispute Settlement 23
  • Chapter   15 COOPERATION 23
  • Article   15.1 Objectives 23
  • Article   15.2 Scope 23
  • Article   15.3 Economic Cooperation 23
  • Article   15.4 Small and Medium Enterprises 23
  • Article   15.5 Contact Points 23
  • Article   15.6 Resources 23
  • Article   15.7 Non-application of Dispute Settlement 23
  • Chapter   16 TRANSPARENCY AND ANTI-CORRUPTION 23
  • Section   A Transparency 23
  • Article   16.1 Definition 23
  • Article   16.2 Publication 23
  • Article   16.3 Notification and Provision of Information 23
  • Article   16.4 Administrative Proceedings 23
  • Article   16.5 Review and Appeal 23
  • Section   B Anti-Corruption 23
  • Article   16.6 General Provisions 23
  • Article   16.7 International Instruments 23
  • Article   16.8 Non-application of Dispute Settlement 23
  • Chapter   17 ADMINISTRATIVE AND INSTITUTIONAL PROVISIONS 23
  • Section   A Joint Commission 23
  • Article   17.1 Establishment of the Joint Commission 23
  • Article   17.2 Functions of the Joint Commission 23
  • Article   17.3 Meetings of the Joint Commission 23
  • Article   17.4 General Review 23
  • Section   B Trade In Goods Committee 23
  • Article   17.5 Trade In Goods Committee 23
  • Section   C Contact Points 23
  • Article   17.6 Contact Points 23
  • Chapter   18 DISPUTE SETTLEMENT 23
  • Section   A Dispute Settlement 23
  • Article   18.1 Definitions 23
  • Article   18.2 General Provisions 24
  • Article   18.3 Scope 24
  • Article   18.4 Choice of Forum 24
  • Article   18.5 Consultations 24
  • Article   18.6 Good Offices, Conciliation and Mediation 24
  • Article   18.7 Establishment of a Panel 24
  • Article   18.8 Terms of Reference 24
  • Article   18.9 Composition of Panels 24
  • Article   18.10 Qualifications of Panellists 24
  • Article   18.11 Function of Panels 24
  • Article   18.12 Rules of Procedure for Panel 24
  • Article   18.13 Role of Experts 24
  • Article   18.14 Suspension or Termination of Proceedings 24
  • Article   18.15 Initial Report 24
  • Article   18.16 Final Report 24
  • Article   18.17 Request for Clarification by the Panel 24
  • Article   18.18 Implementation of Final Report 24
  • Article   18.19 Non-Implementation – Compensation and Suspension of Benefits 24
  • Article   18.20 Compliance Review 24
  • Section   B Private Rights and Alternative Dispute Resolution 25
  • Article   18.21 Private Rights 25
  • Article   18.22 Alternative Dispute Resolution 25
  • Chapter   19 GENERAL PROVISIONS AND EXCEPTIONS 25
  • Article   19.1 Disclosure of Information 25
  • Article   19.2 Confidentiality of Information 25
  • Article   19.3 General Exceptions 25
  • Article   19.4 Security Exceptions 25
  • Article   19.5 Taxation Measures 25
  • Article   19.6 Measures to Safeguard the Balance-of-Payments 25
  • Chapter   20 FINAL PROVISIONS 25
  • Article   20.1 Annexes, Appendices and Footnotes 25
  • Article   20.2 Amendments 25
  • Article   20.3 Amendment of the WTO Agreement or other International Agreements 25
  • Article   20.4 Entry Into Force 25
  • Article   20.5 Future Negotiations on Government Procurement 25
  • Article   20.6 Termination 25
  • Article   20.7 Authentic Texts 25