Dominican Republic Increases Tariffs on Panamanian Textiles

The Dominican Republic adopted protectionist measures on Panamanian exports of sports socks and clothing.

Thursday, November 11, 2010

The country announced its decision to apply a 40% protection measure on sports socks and clothing for men, women and children on exports from China, USA, Hong Kong and Panama, among others.

On this situation, the head of the Panamanian trade ministry indicated that "it is regrettable that the Dominican Republic´s government has taken such a definitive protectionist measure against the Panamanian textile sector despite the Federal Government, through the General Department of Trade Defense Office of International Trade Negotiations (ONCI) appeared and upheld the administrative process before the Regulatory Commission of the Dominican Republic on the reasons why a manufacturing industry like Panama should not be subject to a safeguard measure, providing all the necessary information during the investigation process, which shows that exports from Panama will not affect this country´s industry."

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Pimen Import

Organization that operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador, Costa Rica and Dominican Republic.
Phone: (809) 916-4001

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