The Trade Agreement That Would Be Reached among Caricom Member States
(b) where there is no transaction value or if the transaction value of the material is unacceptable in accordance with Article 1 of the Customs Valuation Agreement, determined in accordance with Articles 2 to 7 of the Customs Valuation Agreement; 4. Each Party shall ensure, subject to appeal or re-examination in accordance with its national law, that such decisions are taken by the offices or authorities responsible for administrative enforcement and govern their practices. The Parties agree to work towards the adoption of conventions for the avoidance and avoidance of double taxation between CARICOM member States and the Dominican Republic. 1. No later than three (3) months after the entry into force of this Agreement, the Parties shall establish and maintain a list of not more than twenty (20) persons, of whom at least ten (10) are not citizens of any of the Parties willing and able to act as panelists. The members of the list shall be appointed by mutual agreement of the Parties for a term of three (3) years. If neither Party disagrees, a member of the list shall be deemed to have been reappointed for a further period of three (3) years. (c) provide a copy of the certificate of origin at the request of the customs authority of that Party. (i) for each CARICOM member State, its territory and marine areas, including the seabed and subsoil, adjacent to the outer limit of the territorial sea over which that State exercises sovereignty or sovereign rights in accordance with international law for the purpose of exploring and exploiting the natural resources of those areas; 14. Each Party shall provide that, if its customs authority does not adopt the completion of the determination of origin within the period referred to in paragraph 13 or the extension provided for in the Single Regulation, the goods or merchandise subject to origin control shall be entitled to preferential tariff treatment.
(c) no Contracting Party may make the exemption subject to an obligation, including a guarantee, which it imposes in respect of the importation of a container into its territory when it passes through a particular port of departure; and 6. If a disputing Party considers that a panellist is in breach of the Code of Conduct, the disputing Parties shall consult each other and, if they agree, the participant in the discussion shall be dismissed and a new participant shall be selected in accordance with this Article. 2. With a view to developing and deepening their relationship under this Agreement, the Parties agree that, within two (2) years of the entry into force of this Agreement, they will review developments related to trade in services and consider the need for additional disciplines in this area. The Caribbean Community and the Common Market (CARICOM) was established by the Treaty of Chaguaramas, signed by Barbados, Jamaica, Guyana and Trinidad and Tobago and entered into force on 1 August 1973. Subsequently, the other eight Caribbean Territories joined CARICOM. The Bahamas became the 13th Member State of the Community on 4 July 1983, but did not join the common market. For the purpose of determining whether a good is originating, the manufacture of the good in the territory of one or both Contracting Parties by one or more producers, at the option of the exporter or manufacturer of the product for which preferential tariff treatment is claimed, shall be deemed to have been carried out by that exporter or producer in the territory of one of the Contracting Parties; In announcing its intention to withdraw from the Federation, the Government of Trinidad and Tobago proposed the establishment of a Caribbean community composed not only of the 10 members of the Federation, but also of the three Guyanas and all the islands of the Caribbean Sea, independent and non-independent. contribute to the harmonious development and expansion of world and regional trade and serve as a catalyst for broader international cooperation; 1. Disputes arising out of both this Agreement and the WTO Agreement or any agreement or successor negotiated under it may be settled in either procedure at the discretion of the complaining Party. These countries have joined forces to expand their trade and economic relations internationally, including the further development of activities in international markets.
(f) recommend to the Council the level of remuneration and expenditure to be paid to panelists, experts and advisers appointed in accordance with this Agreement in accordance with point (f) of Annex I.07.2. A free trade area is a collection of several countries that have established a free trade market between their nations. In these markets, there will be very little, if any, tariffs on imports and exports. There will also be no price controls. The advantage of these free trade areas is that they allow countries to stop competing for market share in certain products and instead focus on the products they are best qualified to produce or on the resources they own. This also represents an advantage for consumers as they get better quality products at a lower price. 2. Similarly, the Parties shall endeavour to establish mechanisms to facilitate and promote the development of competition policy and to ensure the application of the rules on free competition within and between the Parties in the free trade area.
2. Each Party shall provide that, if the importer fails to comply with a requirement of paragraph 1, preferential tariff treatment shall be denied to goods imported into the territory of the other Party for which preferential tariff treatment has been claimed. 1. To the extent possible, the Parties share the objective of reducing and phasing out all forms of trade that distort export competition and shall endeavour to broaden the scope of disciplines in this field. 3. The Parties reaffirm that the rights and obligations of GATT 1994 prohibit export price requirements and, unless permitted in the enforcement of countervailing and anti-dumping orders and obligations, import price requirements in all circumstances where any form of restriction is prohibited. 5. The Parties agree that, when concluding a bilateral double taxation convention, they agree on an exchange of letters setting out the relationship between the double taxation convention and this Article.
CONSIDERING the importance which the Parties attach to economic cooperation between them for their economic development, 1. No later than six (6) months after the entry into force of this Agreement and at any time thereafter, by mutual agreement of the Parties, the Parties shall establish and implement uniform rules for the interpretation, application and administration of this Chapter, Chapter IV (Rules of Origin) and other matters agreed upon by the Parties, and implement them through their legislative provisions, respective regulatory and administrative. 1. To the extent possible, each Party shall notify the other Party of any proposed or actual measure that it believes could adversely affect the implementation of this Agreement or otherwise significantly affect the interests of that other Party under this Agreement. Associate members are Anguilla, Bermuda, the British Virgin Islands, the Cayman Islands and the Turks and Caicos Islands. Associate members retain part-time privileges. 7. The suspension of services shall apply until the Party complained against complies with the panel`s final report or until the Parties reach a mutually satisfactory agreement on the dispute, as the case may be. 1. In accordance with its laws, regulations and administrative provisions, each Contracting Party shall accord to investments of the other Contracting Party in the territory of the other Contracting Party treatment no less favourable than that accorded to investments of its own investors. .