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Santo Domingo.- US Federal Trade Commission chairwoman Edith Ramirez on Friday visited resident Danilo Medina in the  National Palace, where they discussed various topics.

Ramirez arrived to take part in the II National Competition Forum: "Impact of Competition in Economic Growth, Social Equity and Fair Distribution of Goods and Services."

This activity hosted by the National Competition Protection Commission aims to create awareness in Dominican society on the importance of achieving more efficient markets for goods and services and to optimize the citizens’ purchasing power.

Also present in the meeting were US ambassador James W. Brewster, Dominican National Competition Protection Commission president Michelle Cohen, Federal Trade Commission associate director Russ Damtoft, and US embassy economic attaché Norman Galimba.

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1 comment(s)
Written by: chillinout, 26 Feb 2016 12:55 PM
From: Dominican Republic
" importance of achieving more efficient markets for goods and services and to optimize the citizens’ purchasing power."

Is this code for reducing Exchange surcharge (recargo cambiario) on all imports (13%),
Luxury tax on some non-essential items (15-60% of CIF value plus duties on certain luxury items),
Foreign exchange surcharge (5% on transactions involving foreign exchange),
Industrialized Goods and Services Tax - ITBIS and duty for non DR-CAFTA countries?

Or get off the dime and start addressing the slave wages in the country?

The govt knows the level of taxation and fees are punitive. Otherwise there would be no need for Free trade zones exempting them and the same breaks for tourism developments including no national or local income taxes for 10 years plus side stepping the usual hassles and costs with land purchase and building.
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