Binding coverage, primary products (%)
Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
Binding coverage is the percentage of product lines with an agreed bound rate. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).