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Economic Association Agreement with EU Goes Into Effect<\/STRONG> As such:<\/P> The agreement will permit the Dominican exporter to sell without quotas, customs taxes or discriminatory barriers in a larger market and one with larger buying power.<\/P> Morales Troncoso was referring to the 480 million European consumers from 27 countries who \u201ccan now acquire our products and consume our services.\u201d He said the Economic Association Agreement will now go through a process of legal revision prior to its formal signing in Barbados on March 15, 2008. He added that the European Commission will provisionally apply the agreement beginning on January 1, 2008 and that the Caribbean countries will begin to apply it on April 15, 2008. Mr. Morales Troncoso added that this is also the first time that Haiti will be involved in a free trade relationship with the Dominican Republic in which laws, backed by the World Trade Organization, will govern any potential controversies Economic Association Agreement with EU Goes Into EffectThe Dominican government announced on Tuesday that the Economic Association Agreement, signed by 15 Caribbean countries including the Dominican Republic and the European Commission is in effect and will allow the exportation of various agricultural and industrial products to Europe free of customs taxes.The Secretary of State for … Continue reading “Economic Association Agreement with EU Goes Into Effect”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1926","post","type-post","status-publish","format-standard","hentry","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/1926"}],"collection":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/comments?post=1926"}],"version-history":[{"count":0,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/posts\/1926\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/media?parent=1926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/categories?post=1926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/tags?post=1926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
The Dominican government announced on Tuesday that the Economic Association Agreement, signed by 15 Caribbean countries including the Dominican Republic and the European Commission is in effect and will allow the exportation of various agricultural and industrial products to Europe free of customs taxes.
The Secretary of State for Foreign Relations, Carlos Morales Troncoso, made the announcement at a press conference in the Orlando Mart\u00ednez Hall of the National Palace. The engineer said the agreement was the biggest ever signed by the Dominican Republic in economic terms, according to a press release from the Presidential Information, Press and Publicity Office.
Morales said the DR will be able to export sugar, bananas, rum, tobacco and rice to Europe free of customs duties starting on January 1, 2008 when the agreement goes into effect.
\u201cThe Economic Association Agreement is the most modern instrument yet negotiated and all of its content is new; they cover commercial goods, services and investments as well as issues related to commerce and the resolution of differences,\u201d explained the Secretary of State.
Main principles
Morales Troncoso enumerated the main principles of the Economic Association Agreement, indicating that it is the first to replace intellectual property for the promotion of innovation as well as the first in which a group of developed countries have totally lifted their importation duties. <\/P>
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\nFecha de Publicaci\u00f3n: 18 de Diciembre de 2007 <\/TD><\/TR><\/TBODY><\/TABLE><\/p>","protected":false},"excerpt":{"rendered":"