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TARIFF-RATE QUOTA (TRQ)

Statistics Directorate    
French Equivalent: Contingent tarifaire

Definition:
The tariff-rate quota resulted from the Uruguay Round Agreement on Agriculture. Certain countries agreed to provide minimum import opportunities for products previously protected by non-tariff barriers.

This import system established a quota and a two-tier tariff regime for affected commodities. Imports within the quota enter at a lower (in-quota) tariff rate while a higher (out- of-quota) tariff rate is used for imports above the concessionary access level.

Source Publication:
OECD Agricultural Outlook: 2001-2006, OECD, 2001, Annex II – Glossary of Terms.

Cross References:
Tariff quota

Statistical Theme: International trade statistics

Created on Tuesday, September 25, 2001

Last updated on Friday, March 14, 2003