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1
Includes mineral
fuels, lubricants and related materials as well as mineral
or metal ores
2
Includes
forestry products
3
"Vessels"
shall refer to fishing vessels engaged in commercial fishing,
registered in India and operated by Indian citizen(s) or
Government or partnership, corporation or association, duly
registered in India, at least 60 per cent of equity of which
is owned by a citizen or citizens and / or Government of
India or 75% by citizens or Governments of the participants.
However, the products taken from vessels, engaged in commercial
fishing under Bilateral Agreements, which provide for chartering/leasing
of such vessels and/or sharing of catch between participants
will also be eligible for preferential concessions.
4
In respect
of vessels or factory ships operated by Government agencies,
the requirements of flying the flag of a particular participant
does not apply.
5
For
the purpose of BA, the term "factory ship" means
any vessel, as defined, used for processing and / or making
on board products exclusively from those products referred
to in clause 4 (f).
6
"Partial"
cumulation as implied by 5 above means that only products,
which have acquired originating status in the territory
of one participant, may be taken into account when used
as inputs for a finished product eligible for preferential
treatment in the territory of another participant.
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