2017News

DR growth strategy has been based on foreign borrowing

A recent article in Diario Libre focuses on the borrowing spree undertaken by Presidents of the Dominican Republic since 2000. The country’s three most recent administrations have incurred a whopping US$29.7 billion in public debt from 2000 to 2016. When President Hipólito Mejía (2000-2004) took office, the consolidated public debt was US$4.38 billion. At the …
2017News

Fight to prevent telecom piracy

The Dominican Telecommunications Institute (Indotel) and the country’s copyright office (ONDA) are partnering to strengthen the country’s fight against content and pay-TV piracy. The main goal of the partnership is to create an inter-institutional board that unifies the efforts against piracy and presents a common front against pirate companies and distributors of pirate technologies. According …
2017News

Single Window for Foreign Trade for farm products

The Ministry of Agriculture and the Customs Agency (DGA) announced the upcoming implementation of the Single Window (or One Stop Shop) for Foreign Trade (VUCE-RD) for expediting procedures for export and import of farm products. The expedited procedures call for digitizing and simplifying the application process. Agriculture Minister Ángel Estévez explained the new procedure is …