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Dominican Republic Industries says government is talk, not action

Santo Domingo.- Executives of Dominican Republic’s Industries Association (AIRD) have met with the heads of the various Government agencies for as much as 347 hours to discuss the changes needed so the sector can improve production, generate more hard currency through exports and create jobs, but everything has been just words, promises and zero action thus far.

The morass of red tape has reached such an extreme, that not one meeting between industrialists and authorities has been held since February.

AIRD president Ligia Bonetti and executive vice president Circe Almanzar, who described the backdrop of neglect during the Corripio Media Group’s weekly luncheon, warned that the delays to enact the measures that could reach those goals, stir concern among business leaders.

They warned that as the result of the DR-Cafta trade pact, industrialized products from those countries will enter the Dominican Republic tariff-free by yearend 2015.

Source: DT

Category: DR News |

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Last updated March 25, 2017 at 5:40 PM
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