U.S. Asks China Add'l Questions on It Customs Valuation Agreement
The World Trade Organization has circulated additional questions by the U.S. on China's Customs Valuation Agreement. For example, in reference to China's statement that "Customs shall not release goods against securities in circumstances... where the laws and administrative regulations have…
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provided for," the U.S. asks under what circumstance would Customs not release the goods, even if the guarantee is paid?