Section XIV Custom Duties, Taxes, and Similar Charges|
Customs duties, import and export taxes,
and similar charges will be administered in accordance with each Participant's
respective laws and regulations. Insofar as existing national laws and
regulations permit, the Participants will endeavor to ensure that such readily
identifiable duties, taxes and similar charges, as well as quantitative
restrictions on imports and exports, are not imposed in connection with work
carried out under the Project.
Each Participant will use its best efforts
to ensure that customs duties, import and export taxes, and similar charges are
administered in a manner favorable to the efficient and economical conduct of
the work. If any such duties, taxes, or similar charges are levied, the
Participant in whose country they are levied will bear such costs.