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View Full Version : Preparing the DR to export



NewsWhore
02-09-2011, 03:50 PM
The National Competitiveness Council (CNC) has begun to implement a strategy to improve trade facilitation and logistics in the DR in several areas, including customization, transport, and import and export time spans. The project, which is supported by the European Union and the World Bank, will focus on the refrigeration chain, infrastructure, road and airport security, ground, maritime and air transport, said Andres Vanderthost Alvarez for CNC and World Bank representative Roby Senderowitch, during the signing of the agreement.

Vanderhorst said that with the implementation of free trade agreements with the European Union and the United States and Central America, imports have grown significantly, which showed that the DR needed to take better advantage of its geographical location. The European Union is contributing 80% of the US$1 million cost to develop the country's market strategy and the World Bank will fund the difference. Francois Clottes, head of the World Bank for the Caribbean also signed the cooperation agreement. She stated that an improvement in competitiveness would lead to better quality and greater opportunities for exporting Dominican products, as reported in Hoy.

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