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SUMMARY AS OF:
6/23/2005--Introduced.

Dominican Republic-Central America-United States Free Trade Agreement Implementation Act - Approves the Dominican Republic-Central America-United States-Free Trade Agreement entered into with the Governments of Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua (CAFTA-DR), and the statement of administrative action proposed to implement the Agreement, both submitted to Congress.

Authorizes the President to proclaim such actions, and other appropriate officers of the U.S. Government to issue such regulations, as may be necessary to ensure appropriate implementation of any provision of this Act that takes effect on the date the Agreement enters into force.

Provides for: (1) administration of dispute settlement proceedings; (2) arbitration of claims against the United States covered by the Agreement; and (3) specified tariff modifications.

Directs the Secretary of the Treasury, in certain circumstances, to assess additional duties, calculated according to a specified formula, on agriculture safeguard goods included in the Schedule of the United States to the Agreement that qualify as an originating good under this Act. Excepts from additional duties any good subject to import relief under this Act or to any action to facilitate positive adjustment to import competition
under the Trade Act of 1974.

Prescribes requirements for: (1) enforcement of textile and apparel rules of origin; (2) retroactive application for certain liquidations and reliquidations of textile or apparel goods; (3) reliquidation of certain entries; (3) actions for relief from imports benefiting from the Agreement; (5) certain textile and apparel safeguard measures; (6) presidential actions with regard to U.S. International Trade Commission findings on whether imports of articles from a CAFTA-DR country are a substantial cause of serious injury or threat to U.S. articles and industries; (7) designation of CAFTA-DR countries as beneficiary countries under the Caribbean Basin Economic Recovery Act; and (8) periodic presidential reports to Congress on the implementation of the Agreement, and periodic meetings between the Secretary of Labor and the labor ministers of the CAFTA-DR countries on labor obligations and labor capacity-building.

Amends the Trade Agreements Act of 1979 to make products or services of any foreign country or instrumentality that is a party to the Agreement eligible for U.S. government procurement.