Is the applicable preferential rate of duty under a free trade agreement always 0%?

Is the applicable preferential rate of duty under a free trade agreement always 0%?

No. For some of Jamaica’s FTAs the import duty for eligible items is 0%. However, under the CARIFORUM – EU Economic Partnership Agreement and the CARIFORUM – UK Economic Partnership Agreement, preferential treatment may be granted at a reduced or 0% rate of import duty, for eligible items, depending on the product. Under the EPAs, Additional Stamp Duty (ASD), where applicable, would also be at 0%. All other duties and taxes remain payable.

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