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In so far as the Netherlands Antilles
applies the common import tariff of the EU single market, it can freely
export products into the EU which it has sourced externally, without
additional processing. Products originating in the Netherlands Antilles,
or which have undergone "substantial economic transformation"
there, have EU origin.
Obviously, access to the European Market can be a strategic advantage
to an investment in Curaçao, if such as investment fits the
Curaçao economy for other reasons as well. There are certainly
opportunities for companies to establish value-added processing facilities
in Curaçao that are most suitable for its competitive factors
and enjoy duty-free entrance into the European Market. The key is
to pick the right products and processing operations that conform
to the spirit of the regulations and leverage the competitive factors
of Curaçao. |