| We, the Heads of Government of the Caribbean Community
(CARICOM) and of the Dominican Republic hereby agree on a Plan of
Action to advance implementation of the following elements of the
Agreement Establishing the Free Trade Area between the Caribbean
Community and the Dominican Republic, signed on 22 August 1998.
To this end, we hereby instruct our Ministers responsible
for Foreign Trade Negotiations to conclude, within ninety (90) days:
(i)
the lists of goods that will:
(a) receive preferential treatment through the
phased reduction of the MFN rate of duty;
(b) be excluded from receiving duty-free access
or phased reduction of the Most Favoured
Nation (MFN) rate of duty as provided for in
the Agreement;
taking into consideration the following:
(a) the objective of maximising trade between the
Parties and therefore the need to limit to the
greatest extent possible the number of goods exempted from immediate duty-free treatment;
(b) the lists should be reciprocal except where the
Parties agree otherwise in the interest of
balance and fairness;
(c) the need to work on specific arrangements to
enhance market access for products which
might be affected under Article III:5 of the
Annex on Trade in Goods;
(ii) negotiation of the Appendix to the Rules of Origin,
containing the detailed list of products and the specific
criteria that confer originating status on each product
based on the following:
(a) wholly produced or produced from materials
wholly produced in CARICOM or the Dominican
Republic;
(b) substantial transformation as demonstrated by a
change in the Customs Classification Heading for
the product from that of the classification of the
materials from third countries; and
(c) specific negotiated criteria;
(iii) the definition of the Treatment of Goods and Services
produced in Free Trade Zones, within the Free Trade
Area, guided by the following objectives:
(a) not to provide the products of the Free Trade
Zones with new advantages vis-ŕ-vis products
from the customs territories;
(b) not to treat products of Free Trade Zones less
favourably than they are currently treated when
exported from the Dominican Republic to
CARICOM and vice versa;
(c) to establish a strategic basis for future negotiation
with respect to products of Free Trade Zones in
the Free Trade Area of the Americas;
(iv) exchange of information regarding the treatment that
Telecommunications Services receive within the Free
Trade Area;
(v) the
definition of the
Annex on
Government
Procurement;
(vi) the definition of the terms on which each Party will
grant market access and national treatment to service
providers;
(vii) negotiation of the Annex on Temporary Entry of
Business Persons;
(viii) negotiation of the Appendix to the Annex on Trade in
Services relating to Professional Services;
(ix) complete the negotiations of the Appendices to the
Annex on Reciprocal Promotion and Protection of
Investments;
(x) the definition of the treatment that trade agents will
receive in order to facilitate market access within the
Free Trade Area;
(xi) the definition of the terms and references to be used
in the Certificate of Origin.
DONE AT Santo Domingo in the Dominican Republic in the English and
Spanish languages, both being equally authentic, this 22nd day of August
1998.
For
the Caribbean Community
|
For the Government of the
Dominican
Republic |
SIGNED _________________
Dr. the Hon. Kenny Anthony
Chairman of the Conference of
Heads of Government of
the Caribbean Community
|
SIGNED ________________
Dr. the Hon. Leonel Fernández Reyna
President of the Dominican Republic |
Index of the CARICOM-Dominican Republic Free Trade Agreement
|