| PICTA |
| Pacific Island Countries FTA |
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| GOODS |
| Tariffs |
Negative list
Tariff of developing FICs will be reduced to zero by 2010, and by 2012 for small island states and least developed countries, except in the case of "excepted imports" for which tariff are to be reduced to zero by 2016
Trade barriers other than tariffs must be eliminated immediately on trade between the FICs. |
| Rules of Origin |
No change in heading necessary
40% Minimum content
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| Contingency Measures |
| Anti - Dumping : Article 12 para1- consultation required |
| Countervailing Duties : Article 12 para2 - consultation required |
| Safeguards : Article 10 on Emergency Action and Article 11 on Safeguar measures; Article 13 on balance of Payments related measures |
Standards : n.a. |
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Notes:
Annex III list the exempted imports and the tariffs applicable to it; these tariffs shall not exceed the base tariff as defined in #1 of Article 7. Article 9 covers trade distorting measures. Article 14 is on protction of developing industries.
No provisions for coverage of agricultural goods. |
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| SERVICES |
WTO Notification (GATS Art. V) :
Date of notification
Consideration Process :
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Liberalization Approach :
Modes Covered
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Specific Chapters on
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Specific Sectors Excluded
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Public Sectors carve-out :
Most Favoured Nation :
National Treatment :
Market Access :
Domestic Regulation :
Subsidies covered by services disciplines :
Denial of benefits for commercial presence :
Notes :
PICTA applies only to goods, but as of April 2008 there is an ongoing negotiation on an agreement on trade in services and the temporary movement of natural persons.
Link to schedules :
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| INVESTMENT |
Scheduling Approach :
Definition of investment :
Most Favoured Nation :
National Treatment :
Fair and Equitable Treatment :
Expropriation :
Board of Directors and executive personnel :
Invester - State arbitration : 
Denial of Benefits :
Additional BIT exists between the parties :
BIT list I :
Status:
BIT list II :
Status:
Notes :
Investments are not included in PICTA
Link to schedules :
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| TRADE FACILITATION |
| Customs procedures : Yes Article 18 of the Agreement |
| Customs valuation : No |
| Trade regulations publication and administration (transparency) : Yes Article 17 of the Agreement |
| E-Commerce / Paperless trade : No |
| Cooperation in trade facilitation : No |
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| OTHER AREAS |
| Government Procurement : Yes Part Ii of the agreement - commitment to liberalize initialy by adding a protocol with detailed rules on government procurement within two years from the entry into force |
| Investment : No |
| Competition Policy : No |
| Intellectual Property : No |
| Dispute Settlement : Yes Article 22 - consultation
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| Labor Mobility : No |
| Labor and Environmental Standards : No
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| Technical cooperation : No |
| Institutional mechanism : No |
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Notes:
Article 17 on Transparency; Article 20 on Notification, Article 21 on Consultations, Article 23 on review, monitoring progress and extend integration. |
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