This Agreement was signed in July 2000. The Agreement is only reciprocal for CARICOM MDCs. The Agreement, in addition to focusing on the trade in goods, also outlines an agreed timetable for negotiating a trade in services regime, the reciprocal promotion and protection of investments, and government procurement. The Agreement is now being applied by Jamaica.

 

Goods coverage: Under this Agreement, duty free access is allowed for exports to Cuba for a select list of excluded items (see Product Index).

Rules of Origin/cumulation: Eligible products for duty free treatment must either be wholly produced within the territories of the Parties or they must undergo a process of substantial transformation involving a change of tariff heading. Wholly produced goods includes all minerals, plants and animals extracted, harvested, gathered, born, bred and captured within the territories of the Parties. In addition, products obtained beyond territorial waters and EEZs onboard ships will be deemed originating if the vessel is wholly or at least 50% owned by nationals of either party. Goods involving materials obtained from third parties will be considered originating if the final product is classified under a different tariff heading from the materials obtained from third parties, and/or where the value of the third party materials do not exceed 50% of the F.O.B price of the final good.

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