Trade Policy Review: Dominican Republic 2008

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“Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - “key trade facts” - provides a visual overview of the WTO member’s major exports/imports, main export destinations, origins for its imports and other key data. This edition looks into the trade practices of The Dominican Republic.



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.


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