CARICOM-Dominican Republic Agreement Free Trade Agreement
The trading relationship between Trinidad and Tobago and the Dominican Republic is governed by the provisions of the CARICOM-Dominican Republic Free Trade Agreement. This Free Trade Agreement was signed on August 22, 1998. The Agreement provides for reciprocal duty-free treatment for CARICOM More Developed Countries (MDCs), Barbados, Guyana, Jamaica, Suriname and Trinidad and Tobago with non-reciprocity for the Less Developed Countries (LDCs).
This Agreement was incorporated into Trinidad and Tobago’s law in 2001 via the Caribbean Community (CARICOM) Dominican Republic Free Trade Act No. 10 of 2001.
Some of the products covered under the Agreement include meat of bovine animals, milk and cream, beans, coconuts, rice, citrus, paints and vanishes, body lotions, candles, disinfectants, bars of iron or non-alloy steel.
The preferential tariffs arrangements afforded to the private sector can be accessed here.
The Dominican Republic forms part of the CARIFORUM Party which has a trade agreement with the European Union and the United Kingdom.