DOMINICAN REPUBLIC LEADERS HOPE CLOTHING EXPORTS CAN GROW, DESPITE END OF USA ALLOWANCE

THE IMPENDING December 1 expiration of the Dominican Republic Earned Import Allowance Program (DR 2-for-1 or EIAP) has been met with equanimity by the Caribbean country and its manufacturers who hope the trading relationships created by the system can expand. With the CAFTA-DR (Central America-Dominican Republic-United States Free Trade Agreement) continuing, the Dominican deputy minister of foreign trade Yahaira Sosa said in a recent speech: "Although not everything has gone as planned, regarding… exports and attraction of foreign direct investment (FDI), ...


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