Customs Agency is Lat-Am’s 2nd best for cross-border trade
Santo Domingo.- Dominican Republic ranks 33rd among 189 countries in the process to manage and facilitate cross-border trade this year, says the World Bank report “Doing Business, 2014.”
It calls it an extraordinary advance over 13 nations compared with the previous year, which catapulted the country to its second-best historical position, achieved in 2009.
In a statement, the Customs Agency stresses that the indicator on cross-border trade confirms “the institution’s hard work in recent years and especially during the tenure of Fernando Fernández.”
“The evolution of this indicator shows that Dominican Republic’s Customs widens its reform process and stays on the correct course to fully modernize and validate the transformation aimed at achieving the best world standards in terms of the logistics supply chain management.”
It said the report notes the best revenues levels and effective controls through post-dispatch supervisory practices and the use of tools related to risk management and analysis systems in recent years.
“This World Bank assessment on performance states that only Panama, ranked 11, surpassed the Dominican Republic in the region, followed by St. Vincent (38), Chile (40) and Costa Rica (44).
Category: DR News |