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Dominican Republic


Costa Rica to hold referendum on US trade pact
Costa Rica will hold a referendum on whether to enter a regional free trade pact with the United States, President Oscar Arias said on Friday, in a blow to Washington’s trade agenda in the region.
Dominican industries say Government’s anti-dumping foot-dragging shameful
Dominican Industries Association (AIRD) president Manuel Díez said yesterday that the fact that the authorities have yet to create the mechanisms to apply Law 01-02 on Unfair Business Practices is shameful, despite that it was approved more than five years ago.
Dominican negotiators head for talks on free trade with Europe
The Coordinating Office for Trade Negotiations is in charge of taking the country into a free trade deal with the European Union before the end of the year.
Ex-USTR negotiator Vargo key in CAFTA case
Pittsburgh-based Railroad Development Corporation (RDC) has hired former US trade agreement negotiator, Regina Vargo, and filed suit against the Guatemalan government under the investor-state provisions within Chapter 10 of CAFTA.
Free Trade forces clarity in Dominican Government purchases
It has taken great efforts to change what has been customary in the Government, but the implementation of the Free Trade Agreement between Dominican Republic, Central America and the United States (Dr-Cafta) is forcing the official agencies to be transparent.
Dominican auto importers say no way prices will drop
The National Vehicle Distributors Association (ANADIVE) recommended to the Dominican population not to create the false expectations that automobile prices would drop because of the DR-CAFTA free trade deal.
Guatemala: Apparel sourcing show to assess CAFTA-DR
This year’s Apparel Sourcing Show in Guatemala City offers delegates the chance to take stock of the first full year of the US-Central America and Dominican Republic Free Trade Agreement (CAFTA-DR).
US supermarkets are coming to Dominican cities
At least two United States supermarket chains have announced the start of operations in Dominican territory before the end of this year or in the first quarter in 2008, whereas Puerto Rican investors began the process to install tourism and real estate projects in the country, totaling 520 million dollars.
Economist says DR-CAFTA “will bring poverty”
Dr Emilio Cordero Michel has warned that the Free Trade Agreement between the United States and Central America, known as DR-CAFTA, far from being a panacea, “will only fill the Dominican Republic with poverty and problems that we will never be able to solve”.
Dominican Republic warned about lawsuit
Foreign energy investors said on Friday that they warned the Dominican Republic it had to mend its crippled power sector months before filing a US$680 million (euro510 million) lawsuit against the country for lost electricity revenue.
DR-CAFTA opens way for PR trade, says Fernández
President Leonel Fernández has said that the entry into effect of the DR-CAFTA agreement between the Dominican Republic, Central America and the United States provides "a sea of opportunities" for trade, investment and business between the Dominican Republic and the neighboring island of Puerto Rico.
Dominican Telecom chief says Free Trade means changes
The president of the Dominican Telecom Institute (Indotel) affirmed that the Free Trade Agreement with the United States and Central America (DR-CAFTA) will force the country to transform the free zones into high technology industrial parks to be able to compete in the world market.
Dominican-Canadian free trade talks advance
The Dominican and Canadian governments yesterday began negotiations for a bilateral trade agreement, whereas official contacts for a similar accord with Mexico already started.
US pears and apples first beneficiaries of the FTA US-Dominican Republic
The US export of 25 MT of pears and apples to the Dominican Republic was the first transaction following the application of the free trade agreement between both countries.
Dominican Republic enters long-delayed trade deal with United States
The Dominican Republic made its long-awaited entry into a trade accord with the United States and Central American nations, leaving Costa Rica as the only signatory country where the deal has not taken effect.
Free trade for Dominicans in limbo thanks to US ambiguity
The Free Trade Agreement with Central America and the United States has wandered into a state of limbo, notwithstanding statements by Industry and Commerce authorities here that the Dominicans have met all prerequisites needed to enter the treaty. Yet US authorities allege that there are issues pending.
Slim chance for Dominicans to enter DR-CAFTA in January
There is little probability that the Dominican Republic will enter the Free Trade Agreement with Central America and the United States next January, as scheduled, because at least seven legislative pieces are still pending approval.
Dominican trade agreement with US contemplates extending patents by 3 years
Legislation proposed for implementing the Free Trade Agreement with Central America and the United States (DR-CAFTA), presented to the Congress by the central government, contemplates a three-year extension beyond the 20 currently in force, for invention patents protection established in the Industrial Property law 20-00.
Dominican Republic and Taiwan will negotiate Free Trade Agreement
Once decided, the treaty would offer greater opportunities to both nations to accede the United States markets.
Europeans drop demands of equal treatment in Free Trade with Dominicans
As part of an important achievement for the Dominican Republic, the European Union (EU) will not demand from the Dominican Republic the same treatment that the Caribbean nation is compelled to grant to its partners in the Free Trade Agreement with Central America and the United States (DR-CAFTA).