ISDS Case Map
Dominican Republic
The Pork Industry Association, president Jose Alba, considered that not entering the Free Trade Agreement (DR-CAFTA) in January 2006 would be a welcomed break for the productive sector. This grace period, in his view, would be well-used to correct distortions in the tax system and enable competitiveness.
The Common Market of the South (Mercosur), made up of Argentina, Brazil, Paraguay and Uruguay, today signed a "document of intention" with Dominican Republic for "broadening the common political and economic dialogue."
Entrepreneurs and economists trust that the Free Trade Agreement with Central America and the United States (DR-CAFTA) will in effect start as scheduled in January 2006.
It is still unclear whether the DR-Central America and US Free Trade Agreement (DR-CAFTA) will start in January 2006, and if it does, most of the Central American countries lag in preparation to enter commercial activity.
The leaders of the Dominican Republic and Canada have agreed to begin negotiations for a free trade agreement between their nations, the Dominican government said Sunday.
Officials at the highest level along with private business persons from El Salvador are currently on tours that have been denominated as “CAFTA-Tours” throughout the United States, looking to attract investments, in addition to participating in work shops to train exporters on how to best benefit from markets to open with DR-CAFTA.
Associations in the Dominican farming sector today rejected some of the measures recommended by the International Monetary Fund (IMF) and requested from the government to establish a program to shore the sector up, prior to implementing the Free Trade Agreement (FTA) with the United States.
The Dominican Republic has until 15 November to approve reforms stipulated by the Free Trade Agreement with the United States and Central America (CAFTA-DR), or it will not be able to participate as of January 2006, the launch date for the accord.
The American Chamber of Commerce yesterday submitted to both chambers of Congress a number of administrative and legislative measures that the country should adopt, within the framework of the Free Trade Agreement with the United States and Central America (DR-CAFTA), while warning that all imported products must be treated with the same guidelines as local goods.
Dominican legislators overwhelmingly approved a free-trade agreement yesterday with the United States and five Central American countries - rejecting arguments that the pact would devastate the domestic sugar industry.
