Transshipment
Also called: aktarma
Transferring goods from one means of transport to another during a journey, often at a hub port. In trade policy the word also describes illegally routing goods through a third country to disguise their origin and avoid duties or restrictions.
In practice
Legitimate hub transshipment is normal, but goods relabelled in a third country attract investigations and penalties as origin fraud.
Related terms
- Non-alteration rule
- A condition in many agreements that originating goods must reach the importing party without being altered or processed in a third country, other…
- Circumvention
- Changing the pattern of trade to avoid a trade-remedy duty without real economic justification, for example by assembling goods in a third country or…
- Last substantial transformation
- The core test of non-preferential origin. In the EU (UCC Article 60), goods involving more than one country originate where they underwent their last…