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It’s high time for a free trade pact with Haiti: Business leaders

Santo Domingo. – Haiti’s ban on local products has prompted the young business leaders grouped in ANJE to call for a free trade agreement with that country.

“We must set clear rules, to see how we can reach an agreement, write it all down so that the products manufactured in Dominican Republic can be consumed at good prices in Haiti,” said ANJE president of Frank Elias Ranieri.

He said the agreement means clear rules to import and export products and avoid future conflicts such as Haiti’s ban on the import of poultry products and plastics.

Elias, quoted by the Corripio Communications Group, said although Haiti doesn’t have Dominican Republic’s production capacity, a free trade agreement , in addition to good quality products and low prices, Port-au-Prince could also benefit from tax revenue.

He called Haiti a very important market for the country, but noted said that it won’t find another supplier like Dominican Republic. “Dominican industries export more than one billion dollars to Haiti annually.”

Praise and concern

The business leader man said despite president Danilo Medina’s adoption of various measures to boost trade, the economy still sags, and criticized that his Administration has yet to charge those responsible for the fiscal deficit of more than RD$150 billion left by Leonel Fernandez’s administration.

Source: DT

Category: DR News |

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Last updated October 22, 2016 at 2:00 PM
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