2004/635/EC: Council Decision of 21 April 2004 concerning… Article 18

Article 18

1.   The applicable rates for imports between the Parties shall be the WTO bound rate or lower applied rate enforced as of 1 January 1999. If, after 1 January 1999, a tariff reduction is applied on an erga omnes basis, the reduced rate shall apply. 2.   No new customs duties on imports or exports, or charges having equivalent effect, shall be introduced, nor shall those already applied be increased, in trade between the Community and Egypt, unless this Agreement provides otherwise. 3.   The Parties shall communicate to each other their respective applied rates on 1 January 1999.