The Senate last night approved in its second reading a new export promotion law. Among other things, the bill would give exporters a refund on import tariffs paid on primary materials, inputs, intermediate goods, labels, packages and packaging material used in finished products they export from the DR. Also, products returned to suppliers abroad in the same state in which they were imported would receive the refund or tariff credit. Senate President Alburquerque promised to send the bill to the Chamber of Deputies today (Thursday) for immediate action by the lower house.
