Dominican Republic Repeals Tariff on US Rice Imports
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The Dominican Republic has repealed a decree that established a special tariff regime for rice imports, including a preferential quota for rice from the United States. The move follows requests from U.S. commercial authorities who argued that the provisions affected access for U.S. rice as provided for in the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA). The repeal has sparked concerns among Dominican rice producers who fear increased competition and potential pressure on domestic prices. The government has pledged to support the rice sector and explore better conditions for future negotiations.
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