Foreign trade definitions clarify importer-exporter status, licensing authority, policy, special licences, value, and incorporation of statutory meanings.

Foreign trade definitions identify the governing Act, export and import policy, Schedule, special licence, and value, with value adopting its customs-law meaning. Importer or exporter status requires import or export of goods and a valid Importer-Exporter Code Number. Licensing authorities are authorised to grant or renew licences, while undefined expressions carry the meanings assigned under the governing Act.

---

---

---