Article 2, Point (b) · Regulation (EU) No 654/2014

Contents

(a) "country" means any State or separate customs territory;
(b) "concessions or other obligations" means tariff concession…1 change
(c) "level of nullification or impairment" means the degree to…
(d) "mandatory price penalty" means an obligation on contracti…

(b)"concessions or other obligations" means tariff concessions or other obligations or benefits in the field of trade in goods or services, or concerning trade-related aspects of intellectual property rights, that the Union has committed itself to applying in its trade with third countries by virtue of international trade agreements to which it is a party;