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Import and Export Glossary |
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Import and Export Glossary with Letter G G.R.Wt./G.W. : Gross Weight GATT : General Agreement on Tariffs and Trade. A multilateral treaty intended to help reduce trade barriers between signatory countries and to promote trade through tariff concessions. GCR (General Cargo Rate) : The basic tariff category which was introduced to cover most air cargo now covers only a minority, the remainder being under SCR or class rates. General Average : When damage to cargo on board a vessel exceeds carrier's insurance, carrier will release cargo only with an acceptance agreement to claim only a general percentage of all the damage sustained. General Export License : Any of various export licenses covering export commodities for which Individually validated export licenses are not required. No formal application or written authorization is needed to ship exports under a general export license. General Order : Government contract warehouse for the storage of cargoes left unclaimed for ten working days after availability. Unclaimed cargoes are auctioned publicly after one year. Gross Weight : The full weight of a shipment, including goods and packaging. Compare Tare weight. GSA : General Sales Agent acting on behalf of an airline. Usually Broker or Forwarder.
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