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Further Implementation of CAFTA

Central American Free Trade Agreement

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Further Implementation of CAFTA
Provided by Jeff Levin - Schmeltzer, Aptaker & Shepard



Monday, April 3, 2006
 

The Office of the United States Trade Representative has announced that the United States has implemented the Central American Free Trade Agreement (CAFTA-DR) as between Honduras and Nicaragua effective April 1. These two countries join El Salvador, with which CAFTA was implemented on March 1.

Implementation of the free trade agreement with the remaining signatory countries – Costa Rica, the Dominican Republic and Guatemala – is scheduled to occur on a “rolling basis” as the U.S. certifies that these countries have made the requisite changes to their respective domestic laws (although the national legislature in Costa Rica has yet to ratify the agreement).

Members that are interested in the treatment of specific products from El Salvador, Honduras and Nicaragua under the CAFTA should contact Bob Bauer or Jeff Levin.

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