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CBI Enhancement Bill
(Textile Parity Law)
On January 24th the United States Congress passed the Trade and Development Act 2000, with the main purpose of determining the commercial policy of the United States in relation to certain groups of developing countries and of granting new commercial benefits to such countries. Apart from other trade-related provisions, this legislation contains the African Growth and Opportunity Act, which grants commercial benefits and economic cooperation to Sub-saharian African countries, as well as the US-Caribbean Basin Trade Partnership Act, which enlarges the Caribbean Basin Initiative by establishing the textile parity with Mexico.
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The Dominican Association of Free Zones, Inc. (ADOZONA) is a not-for-profit organization made up of the associations grouping the different free zone companies in the country and the private operators of industrial parks throughout the national territory of the Dominican Republic.