Thursday, February 23, 2012

ARTICLE - CROSS BORDER TRADE PROBLEMS

CORSS-BORDER TRADE, URGENT PROBLEMS TO SOLVE
(Haiti Libre) -

At the Dominican-Haitian Permanent Forum II, held under the theme "The economic and trade relations between Haiti and the Dominican Republic", the Dominican economist, Apolinar Veloz noted that the transparency in bilateral trade between the Dominican Republic and Haiti is an "urgent" governmental task that should be developed on the basis of mutual economic benefits.

The Economist has raised the need to develop a plan of legal and institutional development to allow the transborder market to convert to an element of economic development for both nations. "Maintaining and expanding trade is one of the tasks on hold of development between the two nations", highlighting the difficulties that exist in cross-border trade among others: the absence of a bilateral body to rule on all disputes in commercial matters, the lack of protocol for land transport of goods; the absence of rate regulation, and the establishment of arbitrary sanitary measures. The economist also mentioned the disagreements that end with road blocks, which raise costs for exporters and limit the competitiveness of traded goods.

He argued that for the markets to continue and expand their cross-border interest, must necessarily be done by a bilateral dialogue that must be addressed, including: the discretionary application of customs duties and trade barriers that restrict trade, and the existence of monopolies in the road transport on both sides of the border...

No comments: