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Puerto Plata.- Customs director Rafael Camilo Thursday  revealed that his agency  promotes customs legislation to update norms and reorient it to the new tendencies of foreign trade, for Dominican Republic to continue on its path of opening and global economic integration.

The official, speaking on the topic “Reaches and challenges of the new law’s reign on cross-border trade,” affirmed that in view of Dominican Republic’s various trade agreements and ongoing multilateral negotiations within the Doha Round, “it’s evident that Customs urgently needs a new law.”

He said the latest proposal from a commission based the draft on the new constitutional order, trade laws, best customs practices and the Kioto Agreement on the Simplification and Harmonization of customs regimes.

Camilo, the invited speaker in the American Chamber of Commerce’s (Amcham-Dr) monthly luncheon held in Playa Dorada’s Gran Ventana hotel, said customs reality regarding automation was taken into account in the customs law’s first draft, as well as the country’s multilateral and regional trade agreements, and recommendations and observations from consultants, business groups and government agencies.

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COMMENTS
1 comment(s)
Written by: foresthill, 4 Nov 2011 10:11 AM
From: Dominican Republic
He needs more money, they will have to borow from IMF again.
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