Wednesday, November 29, 2023

Adoexpo: promulgation of the Maritime Trade Law will boost exports

Santo Domingo.- The president of the Dominican Association of Exporters (Adoexpo), Elizabeth Mena, considered the promulgation of law number 5-23 on Maritime Trade, and decree 755-22, which makes Customs Law 168-22 more operational, as an important advance. 21, which updates the legal framework and provides tools that help promote this sector.

The business leader stated that President Luis Abinader finally promulgated it on January 19, after many years of hard work and discussion of both projects that were submitted to both chambers of the National Congress and official instances.

“We see the fruit of a joint effort between the Dominican government and business associations, and our country is endowed with innovative and current instruments to govern the sector, essential for our exporters, who represent a sector in constant growth,” said Mena.

He also welcomed the openness of the Dominican state, specifically the National Congress and the General Directorate of Customs, who dedicated numerous hours of work and listened to comments and suggestions, which resulted in regulations born of consensus, for the benefit of the export sector.

On the other hand, the president of Adoexpo explained that the regulations to the customs law guarantee the good handling of the cargo, joint inspections and due process, in the event of possible breaches of the established regulations.

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