Central European Free Trade Agreement (CEFTA)
The Central European Free Trade Agreement (CEFTA) provides for the reduction or elimination of import tariffs for most industrial and energy sector products, including :
- Electric motors, turbines and generators;
- Mechanical equipment including pumps, appliances, and other advanced machinery;
- Electric accumulators, transformers, capacitors, batteries;
- Motor vehicles;
- Mineral ore, slag and ash;
- Mineral fuels, oils and other products;
- Metals and their articles e.g. iron and steel;
- Semiconductors devices and photovoltaic cells;
Rule of origins apply. In order to qualify for preferential tariff treatment, good must be wholly obtained or produced in one of the Parties' territory, or should not incorporate non-originating materials valued at more than 40-50% of the ex-works price of the final product.
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