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of <h1>Customs Tariff Rules, 1989: 10% Adjustment for Less Developed Countries Enhances Trade Preferences Under Global Agreement</h1> Products originating in participating less developed countries are eligible for a favorable adjustment of 10 percentage points under the Customs Tariff Rules, 1989, related to the Agreement on Global System of Trade Preferences among Developing Countries. This adjustment allows the percentage in paragraph 3 to not exceed 60 percent and the percentage in paragraph 4 to not be less than 50 percent. These provisions aim to facilitate trade preferences for less developed countries within the framework of global trade agreements.
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