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-12-
9- Common Market
a. Economic, trade and commercial relations between the
United States and Puerto Rico shall be conducted within the
framework of the common market heretofore established between
the United States and Puerto Rico. The United States shall
not impose restrictions, tariffs, or taxes of any kind on
articles imported into the United States from Puerto Rico, nor
shall Puerto Rico impose restrictions, tariffs, or taxes of any
kind on articles imported into Puerto Rico from the United
States.
In recognition of the reciprocal benefits the United States
and Puerto Rico have derived from expanding trade within the
common market, but in recognition, also, of worldwide interest
in trade expansion, of United States international obligations
and interests with regard to foreign trade liberalization, and
of Puerto Rican interest in the expansion of its foreign trade,
it shall be the purpose of the United States and of Puerto Rico
to pursue policies of foreign trade expansion and liberalization
in a manner compatible with the continued expansion of trade
and commerce within their common market economic community.
b. Except as hereinafter provided, laws and tariff provi-
sions of the United States on articles imported from foreign
countries shall be applicable in Puerto Rico.
C. The income from customs duties, licenses for imports,
-more-
Document source description
This file contains materials relating to the Ad hoc Advisory Committee on Puerto Rico and the proposed compact of permanent union.
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"ocrText": "-12-\n9- Common Market\na. Economic, trade and commercial relations between the\nUnited States and Puerto Rico shall be conducted within the\nframework of the common market heretofore established between\nthe United States and Puerto Rico. The United States shall\nnot impose restrictions, tariffs, or taxes of any kind on\narticles imported into the United States from Puerto Rico, nor\nshall Puerto Rico impose restrictions, tariffs, or taxes of any\nkind on articles imported into Puerto Rico from the United\nStates.\nIn recognition of the reciprocal benefits the United States\nand Puerto Rico have derived from expanding trade within the\ncommon market, but in recognition, also, of worldwide interest\nin trade expansion, of United States international obligations\nand interests with regard to foreign trade liberalization, and\nof Puerto Rican interest in the expansion of its foreign trade,\nit shall be the purpose of the United States and of Puerto Rico\nto pursue policies of foreign trade expansion and liberalization\nin a manner compatible with the continued expansion of trade\nand commerce within their common market economic community.\nb. Except as hereinafter provided, laws and tariff provi-\nsions of the United States on articles imported from foreign\ncountries shall be applicable in Puerto Rico.\nC. The income from customs duties, licenses for imports,\n-more-"
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