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View Full Version : Businesses ready for CAFTA



NewsWhore
03-06-2007, 05:30 PM
According to a study by the BHD Bank, through the private consulting company ASE-CAFTA, 70% of Dominican businesses are ready to effectively compete as the new free trade agreement comes into effect. The report points out that the remaining 30% of businesses must undergo a transformation and restructuring process as well as improving their standards if they wish to compete. The study also explains that although some businesses need to restructure in order to compete in the context of DR-CAFTA, these businesses are part of sectors that were highly protected by the free trade agreement. The report looked at 530 small, medium and large businesses.

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