Dominica Lifts Restrictions to Salvadoran Products

As consequence of El Salvador eliminating export incentives, the Dominican Republic will not impose further restrictions.

Thursday, January 20, 2011

Dominican Vice Minister of Commerce, Mario Roger Hernandez, said the move responds to the approval of El Salvador's decree eliminating staring February 1st, the export incentive known as 'drawback'.

"Trade authorities of the island, which since 2009 began to impose trade barriers to El Salvador, acknowledged the effort to resolve the situation in the country, said René Salazar, head of the Department of Treaty Trade Administration (DATCO)", reported Laprensagrafica.com.



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Dominican Republic Removes Restrictions for El Salvador

October 2010

Dominican Republic provisionally lifted, until December 31, restrictions for Salvadoran products.

The Minister of Industry and Commerce of the Dominican Republic, Jose Ramon Fadul, announced on Thursday consensus by the Dominican Government to accept provisional certifications issued by the Ministry of Economy of El Salvador, so imports from that country benefit from preferential trade.

El Salvador: Exporters Give Up Incentives

September 2010

Ten Salvadoran companies exporting to the Dominican Republic have agreed to forego the 6% subsidy in order to solve the trade issue between the countries.

Dominican Republic trade authorities had indicated that they would retain duties on various Salvadoran products as a response to the protectionist policies El Salvador provides its exporters.

C.A. Will File Lawsuit Against Dominican Republic

October 2010

The case before the World Trade Organization (WTO) is due to high tariffs imposed on products from the region.

Representatives from El Salvador, Honduras, Guatemala and Costa Rica, decided to file a lawsuit due to the "negative effects" for the region as a consequence of the measure taken by Dominican Republic.

Commercial Differences of Dominican Republic and El Salvador Unresolved

August 2010

Despite DR-CAFTA, the Dominican Republic has retained customs duty on various Salvadoran products.

The Dominican Republic's director of Foreign Trade, Yahaira Sosa, indicated that the measures taken are a response to subsidies paid by El Salvador's government to its exporters.

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