Dominican to Negotiate with CA
The Dominican government said they are willing to negotiate with Central America the imposition of tariffs on 26 products from the Isthmus.
Wednesday, October 13, 2010
The Dominican Republic's Trade Minister, Ramón Fadul said in a statement that tariffs on Central American goods do not violate free trade agreements, but are part of safeguard mechanisms established in the treaties themselves.
The case before the World Trade Organization (WTO) is due to high tariffs imposed on products from the region.
As consequence of El Salvador eliminating export incentives, the Dominican Republic will not impose further restrictions.
The group of Central American export associations has criticized the trade restrictions imposed by the Dominican Republic.
Colombia alleges that it needs more time to implement necessary changes to its laws in order to remove trade barriers on Panamanian products.
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