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|German to English translations [PRO]|
|German term or phrase: Präferenzaussage|
|has to do with EWG and delivery specification of materials from the EEA and other European countries.|
|Preferential (trading) agreement/arrangement|
An agreement between nations by virtue of which the contracting parties mutually allow favorable conditions in matters of trade, customs, etc.
A group of countries that levies lower (or zero) tariffs against imports from members than outsiders.
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