2008News

DR does well re EPA

According to Caribbean Regional Negotiating Machinery (CRNM) Director General Henry Gill and regional observers alike, the DR was extremely efficient in the EPA negotiating process. The country was a willing participant in the process and made many more concessions at key points during the negotiation process. Gill commented that the DR had liberalized 5% of its national products, a figure matched only by Trinidad. Milagros Puello commented though the negotiation process was not “rosy” by any means, the DR had the advantage of having a level of synergy between the public and private sector, which allowed the process to continue as smoothly as possible. Many consider this cooperation on the local level as a strength of the DR. Puello, as well as Fernando Gonzalez, commented that the DR’s experience in negotiation previous trade agreements, including DR-CAFTA, provided the groundwork for the nation to move through the process.