Two-sided Financial Interactions
The newest Dominican Republic’s key trading spouse ‘s the Us. Both places try functions into the Dominican Republic-Main America-United states Free-trade Arrangement (CAFTA-DR), in addition to four Main Western places. That it agreement has created the new economic possibilities by removing tariffs, starting places, cutting traps in order to qualities, and promoting openness. This has facilitated trading and you may financial support one of many 7 countries and you will furthered local consolidation.
U.S. exports with the Dominican Republic are oil affairs, oils, farming items, machinery, automobile, thread, yarn, and towel. U.S. imports on Dominican Republic are optical and you will medical tools, electricity section, precious jewelry and silver, agricultural activities, equipments, smoking, and you will knit garments. You.S. providers, mostly manufacturers regarding clothes, boot, and you will light electronic devices, as well as You.S. time people, be the cause of a lot of the new foreign personal investment on the Dominican Republic.
The fresh Dominican Republic and You end up in a variety of the identical globally teams, for instance the United nations, Providers regarding American Claims, Globally Financial Funds, Community Lender, and World Exchange Providers.
Two-sided Logo
Dominating U.S. embassy officials is placed in the newest Department’s Secret Officers Checklist . This new Dominican Republic holds an age mbassy in the united states at the 1715 22nd Highway NW, Arizona, DC 20008 (tel. 202-332-6280).
Much more information towards Dominican Republic is obtainable on the Agencies from State or other supply, many of which are listed here:
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