Today, the interministerial working table in search of renegotiate the rice tax relief within the framework of the Free Trade Agreement between the United States, Central America and the Dominican Republic (DR-Caftafor its acronym in English), when there is little left so that, as of 2025, its tariff is zero.
The Ministry of Industry, Commerce and Mipymes reported on the meeting, held in the afternoon, by virtue of the mandate of President Luis Abinader during his accountability speech on February 27, to find a way to protect the rice industry Dominican of imports that are predicted from the United States.
The first meeting of the Interministerial Commission of Rice It was headed by the Minister of Industry, Victor -Ito- Bisonó; the head of Agriculture, Limber Cruz; and the president of Banco Agrícola, Fernando Duran.
On behalf of the industrial sector, representatives of the Dominican Association of Rice Factories (Adofa), of the National Federation of Rice Producers (Fenarroz) and the Association of Industries of the Dominican Republic (AIRD). The Ministry of Industry did not report on what was discussed or when they will meet again.
The Dominican government seeks negotiate the tax relief schedule of the rice, which by 2025 will reach 0% tariff. However, all signatory countries of the DR-Cafta they must agree.
