Exports & imports International Commerce exports Ministerio de Comercio Exterior de Costa Rica Tariffs CAFTA-DR Anabel González Campabadal CAFTA-DR implications José Ramón Fadul World Trade Organization restrictions to international trade trade restrictions Association Agreement between Europe and Central America Central America Integration Costa Rican Chamber of Food Industry

Costa Rica and Dominican Republic Seek Customs Solution

Costa Rica’s Minister for Foreign Trade met with her Dominican counterpart to explore solutions to the export tariff problems.

Thursday, July 15, 2010

©image: runner310

Since last year, Costa Rican electrical conductor exporters have been subject to import restrictions and denied preferential customs tariffs.

“The Costa Rican Ministry of Commerce (Comex) claims that this contravenes the free trade agreement signed between Costa Rica, the USA and the Dominican Republic,” writes Nacion.com.

Source: Nacion.com

Key entities

Ministerio de Comercio Exterior de Costa Rica José Ramón Fadul Anabel González Campabadal

Countries

Costa Rica Dominican Republic

Insight

CAFTA-DR Tariffs exports exports Exports & imports International Commerce

Costa Rica Files Arbitration against Dominican Republic

April 2010

The country argues that Dominican Republic introduced measures which affected the exports of electrical conductors and polypropylene sacks.

Back in November 27, Costa Rica had activated DR-CAFTA’s dispute resolution mechanism, arguing that Dominican Republic did not apply the rules of the treaty to these products.

US Lifts Tariffs on Costa Rican Sugar Imports

June 2010

The Central American country will be allowed to ship 138.880 tons of tariff-free sugar, as agreed in DR-CAFTA.

President Barack Obama signed the document last week. The resolution must now be published in the U.S. official newspaper, and customs officers must make the corresponding adjustments.

Dominican Republic Agrees to Arbitration with Costa Rica

May 2010

Dominican Republic agreed to enter an arbitration process with Costa Rica over a tariff conflict.

The Industry and Commerce Ministry of Dominican Republic issued a press release in which it agrees to the process, to “solve a conflict created by tariffs charged on Costa Rican electric conductors”.

Costa Rican companies and CAFTA

January 2009

Costa Rica exporters still have a lot of work to do in order to benefit from the FTA, despite the fact that since January 1st their products can enter the US with zero tariff.

A study on the exploitation of the CAFTA-DR that was published in the El Financiero weekly from Costa Rica points out that "six years after waiting for CAFTA, the tuna, textiles and ethanol sectors, which will benefit immediately from the agreement, will see the results little by little.

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