Arbitration Goes Ahead Between Costa Rica vs El Salvador Over Tires and JuicesBoth countries have already submitted formal documents in which Costa Rica denounces the non-application of tariff preferences on juices and tires exported to El Salvador under the CAFTA agreement.Wednesday, June 18, 2014
Now that the formal documents have been presented, representatives from the governments of Costa Rica and El Salvador will await resolutions and new dates to proceed with the arbitration. Source: elmundo.com.sv ¿Busca soluciones de inteligencia comercial para su empresa?Tires and Juices From Costa Rica with Zero Tariffs in El SalvadorJuly 2015 As of July 1 the arbitration panel ruling which came down on the side of Costa Rica will be put into practice, and from now on all Costa Rican exports to the Salvadoran market will enjoy the preferences stated in the DR-CAFTA. Court Grants Right to Costa Rica in Litigation Over TariffsNovember 2014 Arbitrators working under the framework of DR-CAFTA have ruled that Costa Rican exports within this trade agreement in El Salvador should receive the tariff preferences provided for in the text. Costa Rica - El Salvador Arbitration Over Tires and JuicesJanuary 2014 A dispute over the failure to implement tariff benefits on the part of El Salvador on tires and juices exported by Costa Rica has not been resolved using other methods. Costa Rica Accuses El Salvador of Violating FTASeptember 2013 The country has invoked the dispute settlement mechanism of the CAFTA-DR, over alleged violation by El Salvador of the tariff reduction program.
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