FACING DR CAFTA
The economic, business and institutional scenario in the Dominican Republic is experiencing relevant changes with the forthcoming implementation of the Dominican Republic Central America Free Trade Agreement with the United States (DR-CAFTA).
The expansion of the commercial frontiers to include the Central American region and the United States will launch a fresh and dynamic stage in the exchange of goods and services, bringing in new business opportunities, together with different regulations for those business concerns interested in accessing the domestic market, and for Dominican entrepreneurs looking to diversify their commercial horizons.
In this evolving scenario, Biaggi & Messina consolidates its position in the domestic and international business community, as the legal firm that provides a complete portfolio of services to support the clients through the process of installation and operation of a business in the Dominican Republic, placed in the correct international context as a country actively involved in the regional and global trade scenario.
The DR-CAFTA will trigger new investments and commercial opportunities in non-traditional business sectors, with the resulting demand for highly specialized knowledge and expertise from professionals in each of the areas comprised in the commercial agreement.
Disciplines in permanent innovation such as e-commerce, telecommunications, financial services, the defense of the environment, and the protection of intellectual and industrial property rights; areas of cross-sectoral impact that include government procurement, transparency and investment; and more traditional fields of international trade such as rules of origin, technical barriers to trade and tariffs, are essential domains of this new trade environment, in which Biaggi & Messina provides highly specialized advise and expertise.
The DR-CAFTA and its implications are valuable components of the continuing education and capacity building of our legal team. Biaggi & Messina is pleased to continually reinforce the platform of legal counsel we offer to local and international clients for the successful outcome of their business interests.