Guyana Brazil Partial Scope Agreement

Describes the trade agreements in which this country is involved. Includes resources in which U.S. companies can obtain information on how they can use these agreements. As a signatory to the U.S. summit, Guyana has accepted the principle of creating a free trade area for the United States. Guyana enjoys preferential access to the United States under the Caribbean Basin Trade Partnership Act (CBTPA), an extension of the Caribbean Basin Initiative (CBI) of 1983. The benefits of CBTPA are in effect during a "transitional period" that will take effect between the United States and a CBTPA recipient country until September 30, 2020 or when the U.S. Free Trade Area or any other free trade agreement, as described in the legislation, enters into force, remains in effect. Guyana also enjoys preferential market access in Canada under CaribCan. Guyana`s Ambassador to Brazil, H.E. George Talbot, and Brazilian Foreign Minister H.E.

Aloysio Nunes Ferreira sign the agreement in Itamaraty. Guyana has an economic partnership agreement with the European Union (EU) and is a party to a series of bilateral trade agreements (for example. B of the guyana-Brazil agreement, the Guyana-China trade agreement and the Guyana-Venezuela agreement). These agreements aim to promote trade in traditional and non-traditional markets. Guyana is also a signatory to a series of regional trade agreements (z.B CARICOM-Colombia-Agreement on Trade, Economic and Technical Cooperation, the CARICOM-Costa Rica Free Trade Agreement, the CARICOM-Cuba Free Trade Agreement, the Free Trade Agreement between the Dominican Republic and Venezuela on trade, economic and technical cooperation). With other existing agreements, including the international agreement on road freight transport between Guyana and Brazil, the sub-scope agreement on trade and cooperation under way on the Linden-Lethem route, CFIA is helping to strengthen the framework of bilateral relations and promote trade relations.

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