Investors Handbook. A Legal Guide to Business in Georgia
and/or indirect taxes and duties on the products included in the agreement that exceed the taxes
and duties normally applicable to the national products.
The agreement limits the introduction of quantitative quotas only in cases when such a measure
is due to the rule of reason (deficiency of specific product on domestic market, a need to stabilize
the balance of payments, etc.)
Certain limitations are applicable to reexport. Accordingly, such operations are allowed only at
the consent of respective agency of exporting country.
It should be noted that for the purpose of customs procedures the parties agreed to apply a uni-
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CYAN MAGENTA YELLOW BLACK 55
fied nine-digit trade nomenclature of foreign economic activity which relies on the Harmonized
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