Regional Labor Value Content Rule

The Regional Labor Value Content (RLVC) rule is a requirement in trade agreements that ensures a certain percentage of a product's value is added through labor activities within specific countries or regions. Essentially, it encourages manufacturers to use local labor and resources when producing goods for export, promoting regional economic development. If a product meets the RLVC threshold, it can qualify for preferential tariffs or reduced duties under trade agreements. This rule helps balance trade benefits while incentivizing local employment and investment in the participating regions.