ISDS Case Map
Dominican Republic
The ongoing electrical crisis and its high cost will adversely affect the production of groups looking forward to participate with their businesses in the United States, Dominican Republic and central America Free Trade agreement (CAFTA-DR), said Miguel Cocco, Custom's Director General.
A study by Pareto consulting group shows that DR-CAFTA will be more favorable to the US than to the Dominican Republic.
Taiwan president Chen Shui-Bian said yesterday that negotiations with the Dominican Republic are advancing toward the signing of a Free Trade Agreement, in which both nations seek to establish a strategic economic and trade alliance that allows them to conquer the United States market.
There are a number of "misconceptions" circulating about the Economic Partnership Agreement (EPA) being negotiated between CARICOM, the Dominican Republic, and the European Union, according to the principal EPA negotiators.
Central American countries had negotiated every issue, and the Dominican Republic simply adhered to all that had already been convened.
Taiwan's free trade agreement (FTA) negotiations with Nicaragua are expected to be finalized by the end of this year. In addition, Taiwan is scheduled to start FTA talks this year with El Salvador, Honduras, Costa Rica and the Dominican Republic.
When US President George W. Bush announced in 2002 that he wanted a new Central American Free Trade Agreement (Cafta) with the five nations of Central America, the Dominican Republic scented a threat.
United States ambassador Hans Hertell discarded yesterday that there existed “obstacles” to entering the Free Trade Agreement with the US and Central America (DR-CAFTA), notwithstanding admitting that there are still certain challenges to be faced.
Dominican Republic can favorably negotiate the Free Trade Agreement (FTA) that has been outlined with Canada, as long as the official and private sector representatives define a good negotiating strategy on time.
Industry and Commerce minister Francisco Javier Garcia blamed the US Trade Office for delays in reviewing documentation pertinent to the country's entrance in the Free Trade Treaty with United States and Central America (DR-CAFTA).
