NewsWhore
02-12-2008, 06:00 PM
Commercial and business representatives from the DR have asked the Haitian authorities to review their decision to increase the taxes levied on certain Dominican products that they import. As a result of the tariff increase, Santiago Chamber of Commerce and Production president Ivan Reynoso has asked the DR to negotiate a free trade agreement with Haiti that would give formality and structure to the very informal trade relations that currently exist. The Federation of Retail Businesses (FENACODEPRO) has also asked the government to exert pressure on Haiti through diplomatic channels. The concern over trade relations with Haiti comes after it was reported last week that Haiti has increased tariffs on Dominican goods. According to the Dominican Business Federation (FDC) figures, metal bar shipments that were subject to 40,000 Haitian gourdes in taxes a year ago now pay 375,000 gourdes. Pasta, which used to be charged 20,000 gourdes now pays 162,500 gourdes in taxes. Dominican Exporters (ADOEXPO) president Raul Rodriguez said that the any unfavorable action by Haiti against free and fair trade is a threat to business and to Dominican consumers.
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More... (http://www.dr1.com/index.html#9)