NewsWhore
03-02-2007, 03:50 PM
The Dominican Embassy in Washington, D.C. and the United States Department of State have exchanged diplomatic notes, officially confirming the Dominican Republic's entry into DR-CAFTA on 1 March at 9:30am. The agreement reduces tariffs on 77% of goods imported from the United States. As reported in Listin Diario, the cost of food and other consumer goods is expected to decline gradually once the new imports reach the market. US imports will now have an advantage over goods imported from China, Taiwan, Latin America and Canada. The effects of DR-CAFTA are already in evidence, with major supermarkets already importing new lower cost brands from the US.
More... (http://www.dr1.com/index.html#2)
More... (http://www.dr1.com/index.html#2)