2017News

Adozona says Trump TPP cancellation is good news for DR

José Manuel Torres / Presencia RD Digital

The executive vice president of the Dominican Association of Free Zones (Adozona), José Manuel Torres, said that the confirmation by the Trump Administration that the United States would not seek to be part of the Trans Pacific Partnership (TPP) is good news for the Dominican Republic and Central America region in general.

Manufacturing in the Dominican Republic was especially concerned about competition from Vietnam. Vietnam, already, with no special concessions from the United States, is the second largest supplier of apparel and footwear to the United States.

27 January 2017