1887

OECD Trade Policy Papers

This series is designed to make available to a wider readership selected trade policy studies prepared for use within the OECD.

NB. No. 1 to No. 139 were released under the previous series title OECD Trade Policy Working Papers.

English

Interactions between goods and services in international trade

Implications for customs valuation and rules of origin

This paper examines whether the customs valuation systems and rules of origin are sufficiently attuned to the changing landscape of commercial realities characterised by new and diverse configurations of goods-services trade. It proposes a framework to categorise relevant configurations of goods-services trade and applies it to identify potential challenges arising from the current procedures for customs valuation and origin determination. While the existing rules provide an adequate structure for doing business and achieving legitimate trade policy objectives, challenges can arise across different configurations of goods-services trade. Options for policy solutions include developing guidelines and implementation standards to fine-tune customs valuation and rules of origin that apply to specific goods-services trade configurations. The promotion of multilateral openness, harmonisation of rules and practices, and transparency of jurisprudence would contribute to minimising the impact and frequency of potential challenges.

English

Keywords: Servicification, Goods-services interactions, Customs valuation, Trade policy
JEL: F13: International Economics / Trade / Trade Policy; International Trade Organizations; F68: International Economics / Economic Impacts of Globalization / Economic Impacts of Globalization: Policy; K34: Law and Economics / Other Substantive Areas of Law / Tax Law; L80: Industrial Organization / Industry Studies: Services / Industry Studies: Services: General; K33: Law and Economics / Other Substantive Areas of Law / International Law
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