NewsWhore
04-01-2008, 05:30 PM
Fernando Capellan, president of the Dominican Free Trade Zone Association (ADOZONA) says that US protectionist policies have prevented free trade zones (FTZs) in DR-CAFTA countries from making the most of the agreement. Capellan, quoted in Listin Diario, said that certain mechanisms like the 2x1 and the manufacturing accumulation program have not been put in place, even though they could make the sector more competitive. The accumulation program would allow DR-CAFTA countries to import 100 million squared meters of clothing into the US tariff-free while the 2x1 would allow DR-CAFTA countries to import two yards of US-made fabric for one yard of non-US fabric. Capellan says that the DR has not experienced any major advances through the DR-CAFTA because of Washington's protectionist policies.
More... (http://www.dr1.com/index.html#4)
More... (http://www.dr1.com/index.html#4)