Proc 7991ProclamationG.W. Bush · R

Proclamation 7991

To Implement Certain Provisions of the Dominican Republic-Central America-United States Free Trade Agreement With Respect to El Salvador

This proclamation modifies the Harmonized Tariff Schedule to implement preferential tariff treatment and a tariff-rate quota for certain sugar and sugar-containing goods from El Salvador under the DR-CAFTA trade agreement. The changes take effect immediately for goods entered on or after March 24, 2006.

Impact dates

  1. HTS amendments effective for goods entered or withdrawn from warehouse for consumption

Key directives

  • Modify HTS to provide preferential tariff treatment for certain sugar and sugar-containing goods of El Salvador
  • Establish tariff-rate quota for such goods
  • Supersede inconsistent provisions of previous proclamations and Executive Orders

Timeline

Immediate

  • HTS modifications for sugar and sugar-containing goods take effect
  • tariff-rate quota established for El Salvador sugar goods

Near term (90d)

Long term

  • ongoing preferential tariff treatment under DR-CAFTA

Risks & tensions

  • Potential tension with U.S. domestic sugar producers over increased market access for El Salvador
  • Supersession clause may create uncertainty about which prior provisions remain valid
Proclamation 7991: To Implement Certain Provisions of the Dominican Republic-Central America-United States Free Trade Agreement With Respect to El Salvador · Executive Orders