Official says investors know of DR-Cafta trade deal’s guarantees

Santo Domingo.- Since last year foreign investors have filed complaints on issues as diverse as electrical distribution, expropriation and public works concessions, taking advantage of the legal guarantees established in the DR-Cafta trade deal, said the Minister of Industry and Commerce.

Jose Ramon Fadul said Thursday that the DR-Cafta has allowed foreign investors to become aware that the agreement provides them with rights and mechanisms to protect their investments.

“Therefore the priority of the agency in charge is to continue encouraging the adoption of the bill for a Law on Commercial Arbitration,” he said.

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