Challenges for cross-border trade

[NewsWhore]

One of the DR-CAFTA agreement negotiators, Elka Scheker, is warning that the challenges and threats facing the Dominican Republic in the coming months have to be used to the country's advantage. In particular, the negotiator emphasized the need to supervise and manage trade across borders, and to prevent unfair competition. One of the challenges is how to handle distribution services for products coming from the United States. Under the DR-CAFTA agreement a deal was worked out that subjects these distribution agreements to the laws of the Dominican Republic's Civil Code. As a result, there will be greater transparency and providers can find out in advance just what access they will have to the different markets.

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