ISDS Case Map
US
The decision to maintain the exchange commission at a rate of 9% during 2006, plus duty charges to be collected during the first 6 months next year prior to entering the DR-CAFTA would give the Dominican government an extra-budgetary income of approximately RD$9.3 billion.
The United States ratified implementation of the Free Trade Agreement as of January 1st, 2006 with the sole inclusion of El Salvador and Honduras, since these were the only countries that met all requirements by the set deadline.
US Ambassador Hans Hertell affirmed yesterday that there is a good possibility that the Dominican Republic be impeded to integrate this upcoming January onto the Free Trade Agreement known as DR-CAFTA, given that the voluminous documentation that authorities recently sent to the United States is currently under review.
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.
Stalled U.S.-Colombia free-trade talks will resume next month, Colombia's trade minister said Monday.
A 14-member delegation from the Bahrain American Chamber of Commerce has returned after a successful trade mission to the US.
Viet Nam was awaiting the removal of the last major barrier to its entry to the World Trade Organisation - the successful conclusion of bilateral negotiations with the United States - Deputy Trade Minister Luong Van Tu has told a Vietnam News Agency correspondent.
The Free Trade Agreement (FTA) is a 'passport of opportunities' and it is up to the business communities of both Bahrain and the US to see how best they can use this opportunity, the President of American Chamber of Commerce (AmCham), Samir Benmukhlouf, said yesterday.
Given that CAFTA-DR passed only by a small margin, it is unclear how much
support the U.S.-Andean FTA will have.
An 18-member mission of the US-Asean Business Council visited Malaysia recently to encourage the start of bilateral FTA talks with the US.
