(iv) Rules of Origin
70
Rules of origin are based on the substantial transformation oriterion and are similar to these applied by the C..
(v) Safeguard leisures
8.
Austria bases its safeguard mochanism on an a priori
·limitation formula. Preferential tariff rate to a specific product oan be suspended if :
and
(b).
Boneficiaries
9.
the annual rate of growth of imports for home consumption of these goods
(1) from all beneficiary countries exceeds 25%, or
(11) from ona boneficiary country oxceeds 10% if that
country is the first or cocord supplier of the goods concernod among beneficiary countries,
thereby serious injury is caused or threatened to domostio products of lika or directly competitive products.
Bonoficiaries are countries in the 'Group of 77' and other developing territorios and countries which have requested inolusion. Hong Kong, Singapore, Taiwan, South Korea and Maoau are therefore 21 Tźnoluded in the Schema.
Hong Kong's Performanco under the Austrian GPS
•
12:
10. "
In the year 1973,. #1
KASA 2012, the value of Hong Kong domestic exports under Form A to Austria amounted to HK$17.2
The major itoms involved are given in the table attached.
million.
ig' Division:
Commerce and Industry Department
22 March 1974···
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