Commission means the Free Trade Commission established
under Article 2001(1) (The Free Trade Commission);
Customs Valuation Code means the Agreement on Implementation
of Article VII of the General Agreement on Tariffs and Trade,
including its interpretative notes;
days means calendar days, including weekends and holidays;
enterprise means any entity constituted or organized under
applicable law, whether or not for profit, and whether privately-owned
or governmentally-owned, including any corporation, trust, partnership,
sole proprietorship, joint venture or other association;
enterprise of a Party means an enterprise constituted or
organized under the law of a Party;
existing means in effect on the date of entry into force
of this Agreement;
Generally Accepted Accounting Principles means the recognized
consensus or substantial authoritative support in the territory
of a Party with respect to the recording of revenues, expenses,
costs, assets and liabilities, disclosure of information and preparation
of financial statements. These standards may be broad guidelines
of general application as well as detailed standards, practices
and procedures;
goods of a Party means domestic products as these are understood
in the General Agreement on Tariffs and Trade or such goods as
the Parties may agree, and includes originating goods of that
Party;
Harmonized System (HS) means the Harmonized Commodity Description
and Coding System, and its legal notes, and rules as adopted and implemented
by the Parties in their respective tariff laws;
measure includes any law, regulation, procedure, requirement or practice;
national means a natural person who is a citizen or permanent
resident of a Party and any other natural person referred to in
Annex 201.1;
originating means qualifying under the rules of origin
set out in Chapter Four (Rules of Origin);
person means a natural person or an enterprise;
person of a Party means a national, or an enterprise of
a Party;
Secretariat means the Secretariat established under Article
2002(1) (The Secretariat);
state enterprise means an enterprise that is owned, or
controlled through ownership interests, by a Party; and
territory means for a Party the territory of that Party
as set out in Annex 201.1.
2. For purposes of this Agreement, unless otherwise specified,
a reference to a state or province includes local governments
of that state or province.