Report by the WTO Secretariat

Since its previous trade policy review in 2002, the Dominican Republic has continued with the liberalization of its trade regime. Among other measures, customs procedures were streamlined, tariffs reduced, import surcharges and export taxes eliminated, and new legislation adopted on government procurement, competition policy and intellectual property rights. Participation in the global economy has remained intense, with trade in goods and services, investment flows and family remittances making key contributions to the economy. As such, the Dominican Republic has continued to give priority to its participation in the multilateral trade agenda, while also seeking to further its integration into the global economy through preferential agreements.