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27th of April 2017
   
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Trade Agreements


 - TRADE AGREEMENTS

EU-Association
Aruba as a partner of the Kingdom of the Netherlands, is qualified as an Overseas Country and Territory (OCT) by the European Union since 1964. This qualification, laid down in the Overseas Association Decision means that products originating in Aruba are imported into the Community free of import duty. Products are considered as originating in Aruba if they are wholly obtained here or if they are products obtained in Aruba incorporating materials, which have not been wholly obtained here, provided that such materials have undergone sufficient working or processing in Aruba. Non-originating products in free circulation in Aruba which are exported as such to the Community have duty-free access into the Community market as well, provided that:
  1. The import duties paid in Aruba are at least equal to those applicable in the Community on the import of the same products originating in third countries eligible for the Most-Favoured-Nation clause (MFN)
  2.  The products have not been the subject of an exemption from, or a refund of, in whole or in part, customs duties or taxes having equivalent effect.
  3. The products are not agricultural products.
  4.  The products are not subjected, on import into the Community, to quantitative restrictions or limitations or to anti-dumping duties.
  5. The products are accompanied by an export certificate.
Caribbean Basin Trade Partnership Act
As a beneficiary country of this Act the former Caribbean Basin Initiative (CBI), Aruba can derive trade benefits for eligible exports into the US market, provided that these products comply with the rules of origin.

Free Trade Agreement Aruba-Netherlands Antilles
Between Aruba and the Netherlands Antilles, a free trade agreement is in force allowing products from either territory, complying with the rules of origin, free market access.


 - MULTILATERAL AGREEMENTS

Economic Commission for Latin America and the Caribbean (ECLAC)
Aruba is an associate member of this regional commission of the United Nations. The ECLAC was founded for the purposes of contributing to the economic and social development of Latin America and the Caribbean, coordinating actions directed towards this end, and reinforcing economic relationships among the countries and with the other nations of the world.

Caribbean Development Cooperation Committee (CDCC)
This ECLAC sub regional headquarter is based in Port of Spain, Trinidad. This organization makes it possible for Aruba to participate more in regional programmes with respect to economic and non-economic aspects.

World Trade Organization (WTO)
Aruba is not a complete member of the WTO, because of adaptations of the schedules of goods and services that has to be round off. Nonetheless, Aruba keeps up with the developments around this multilateral trade regime because of the global economic ties.
Aruba is a member of the plurilateral agreement of the Government Procurement Act.
 
ADOPTION OF THE RESULTS OF THE NEGOTIATIONS UNDER ARTICLE XXIV:7 OF THE AGREEMENT ON GOVERNMENT PROCUREMENT, FOLLOWING THEIR VERIFICATION AND REVIEW, AS REQUIRED BY THE MINISTERIAL DECISION OF 15 DECEMBER 2011 (GPA/112),
PARAGRAPH 5
 
ACTION TAKEN BY THE PARTIES TO THE WTO AGREEMENT ON GOVERNMENT PROCUREMENT AT A FORMAL MEETING OF THE COMMITTEE, AT THE LEVEL OF GENEVA HEADS OF DELEGATIONS, ON 30 MARCH 2012

The complete protocol is available in the WTO website http://www.wto.org/english/tratop_e/gproc_e/gp_gpa_e.htm : GPA/113 April 2, 2012

The Kingdom of the Netherlands for Aruba has formalized this protocol which will enter into force on July 4, 2014.

For the documents "Declaration of the Minister of Foreign Affairs of the Kingdom of the Netherlands on the GPA-113"  and the "Government Procurement Agreement" (GPA-113) please refer to the section of "Downloads" on the Homepage.


Association of Caribbean States (ACS)
In 1999, Aruba has become an associate member of the Association of Caribbean States (ACS). The objectives of this association are the development of tourism, international trade and transport between the country members.