CARICOM/Costa Rica Free Trade Agreement

Apart from trade in goods, the agreement contains antidumping provisions, provides for a review of developments in relation to trade in services, investment, competition policy, and government procurement. The Agreement also provides for dispute settlement. Legislation has been approved by both Trinidad and Tobago and Costa Rica to give effect to trade under this agreement.

Trinidad and Tobago's major non-energy sector domestic exports to Costa Rica for January - December 2008 are:

Some of Trinidad and Tobago's major non-energy imports from Costa Rica for January - December 2008 are:

This Agreement provides for duty-free treatment on certain goods specified in the Agreement such as fruit juices, various sauces, condiments and seasonings. The Agreement also includes a list of products for which the rate of duty will be reduced through phased reductions. These preferential tariff treatments will allow our exporters to access Cuba’s market, which is in excess of eleven million consumers.

A Joint Commission comprising members of both Parties has the responsibility of supervising the implementation and administration of the Agreement. The Commission, which is mandated to meet least once a year, is also responsible for resolving any disputes which may arise from the interpretation and execution of the agreement, as well as periodically reviewing the agreement and making recommendations for its modification and amendments as necessary.

Trade promotion and facilitation, ser vices, tourism, investment, and intellectual property rights are also covered by the agreement. In addition, the agreement also contains provisions for the promotion and development of co-operative activities between the parties.

Trinidad and Tobago's major non-energy sector domestic exports to Cuba for January - December 2008 are:

Some of Trinidad and Tobago's major non-energy imports from Cuba for January - Decemeber 2008 are:

This Agreement was the first Free Trade Agreement signed by CARICOM, and it grants exporters access to the Dominican Republic market, which is in excess of eight million consumers.

This agreement provides for the duty-free access for all goods other than those specifically listed in Appendices II and III to the agreement- Appendix II refers to goods which will be subject to the phased reduction of the MFN rate of duty to zero over a specified period of time; while Appendix III refers to more economically sensitive goods on which the application of the MFN rate of duty will be maintained.

CARICOM/Dominican Republic Free Trade Agreement

Following the Protocol Implementing the Agreement, the list for phased reduction of MFN tariffs, (Goods listed in Appendix II of the Agreement) was scheduled to start in 2000 and be reduced to a rate of duty of zero by 1 January 2004 in both the Dominican Republic and in the CARICOM MDCs. This however it is currently being reviewed.

In addition to trade in goods, the agreement makes provisions for liberalization for trade in services. It also incorporates commitments to develop other areas of cooperation including reciprocal promotion and protection of investment and government procurement.

Some of Trinidad and Tobago’s major non-energy sector domestic exports to the Dominican Republic for January – July 2007 are:

Some of Trinidad and Tobago's major non-energy imports from Dominican Republic for January - December 2008 are: