The FTA offers immediate zero tariffs and quotas (subject to meeting Rules of Origin) which is unprecedented, but was a clear objective of both parties from the outset.
The FTA offers some features such as levels of tolerance, acceptance of drawback (subject to review) and application of the roll-up or absorption principle (once a product has obtained originating status, it is treated as such for any further manufacturing processes), which are more explicit, generous and/or trade facilitative than in average or older EU FTAs. The self-certification and small consignment provisions are also liberal.