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Santo Domingo.- The governments of the Dominican Republic, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and the United States, with the support  the Inter-American Development Bank (IDB) and the cooperation of the Association of American Chambers of Commerce in Latin America (AACCLA) will hold meetings January 23 and 24, to promote a dialogue between the public and private sectors, aimed at make trade easier.

The Industry and Commerce Ministry’s Foreign Commerce Department (DICOEX) said the gathering will be held in Miami Biltmore Hotel and will serve as a platform to receive contributions and opinions on the nature and impact of the current obstacles in each DR-CAFTA region country and exchange points of view, as to how to confront them.

It said the Facilitation of Commerce is vital to take maximum advantage to market access, trade opening and economic opportunities to develop international trade agreements. “In spite of the trade opening which the DR-CAFTA offers, Dominican Republic, the countries of Central America and the United States continue facing significant obstacles in compliance with customs procedures, logistics framework and practical standards of quality and in markets objectives.”

In a statement Dicoex notes that to deal with this challenge, the Initiative to Facilitate Trade (IFT) was launched during the first meeting of the DR-CAFTA’s Free Trade Commission (CLC), held in El Salvador February last year.

It said the measure aims to identify priorities and better practices which the DR-CAFTA countries can adopt to implement programs and policies to boos trade and the systems in the supply b chain, so the economic agents can take maximum advantage of free that trade pact.

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4 comment(s)
Written by: RoyStone, 13 Jan 2012 7:45 AM
From: Australia
O goody, just what we need, more meetings and conferences.
We'll have a much bigger delegation this time, not like the British Commonwealth meeting we gate-crashed in Australia.
Written by: juanb, 13 Jan 2012 8:04 AM
From: Dominican Republic

DR-CAFTA would have been a great thing for us had we not dragged our feet in passing the necessary laws that are required to take part. While Honduras,Guatemala and others passed these laws in a matter of weeks, we took years. And during those years all of our garment manufacturers left. After all, why pay a 20% duty here when there was no duty in the CAFTA countries. For example, Levi's was producing several million pair of pants here per month. Today they make nothing here. They got tired of waiting for the duty to disappear so instead, they disappeared.
Written by: Atabey, 13 Jan 2012 9:20 AM
From: United States, Bring DT Forum Back--
I agree.

"No obstante, dijo que la Dicoex y otras instituciones trabajan para superar las restricciones sanitarias que han impedido las exportaciones de carne desde RD."

El consultor privado y ex coordinador del acuerdo, Hugo Rivera Fernández, asegura que el país está perdiendo su protección en materia agroindustrial, industrial y comercial con EE. UU. y la región, ya que se desaprovechan recursos y por eso se pierden millonarios fondos en exenciones.

Además, cree que en RD la presión fiscal se ha cambiado por competitividad, haciendo una “eutanasia fiscal” al sector empresarial.

Al respecto, explicó que en Centroamérica los gobiernos se aplican de seis a siete leyes que contribuyen con el desarrollo de los procesos productivos, entre las que citó la Ley de Maquila, la de perfeccionamiento activo, sistemas de bonos, y la de reintegro de impuestos."

So a lot of hard work ahead for the Dominican exporters. Costa Rica and the rest are getting ready.
Written by: Atabey, 13 Jan 2012 9:21 AM
From: United States, Bring DT Forum Back--

Acuerdo DR-Cafta está en el año siete

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