Tariff preferences of the Economic Partnership Agreement (EPA) stand out and economic growth registered in the country
Madrid, Spain. Within the framework of the Dominican Week in Spain, the conference was held on the opportunities in the use of tariff preferences of the Economic Partnership Agreement (EPA) for exports from the Dominican Republic to Spain and the rest of the European Union.
The general secretary of Semana Dominicana, Servando Santana, highlighted that the country has demonstrated political and social stability and foresees growth for this year of around 5%, positioning the Dominican Republic as a reference region in Latin America and the Caribbean.
Johannes Kelmer, Deputy Minister of Free Zones of the Ministry of Industry and Commerce and MSMEs, stated that the Government implements key policies to improve growth, competitiveness and quality of exports, with full involvement of the State in matters of EPA agreements and facilities. to develop their work.
Meantime, Hugo Rivera Vice Minister for Economic Affairs and International Cooperation of the Ministry of Foreign Affairs of the DR, stated that “if we combine the EPA with the other agreements that the country has, the potential is immense.
In legal matters, Angélica Noboa, partner lawyer at Russin, Vecchi & Heredia Bonettidelved into the circumstances and requirements to take advantage of the EPA, explaining that “the Dominican Constitution is inspired by Spanish legislation, facilitating exchanges because both nations share legal language.”
