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Business sector welcomes Haiti’s decision to lift ban

President of the National Council Business Council, Rafael Blanco President of the National Council Business Council, Rafael Blanco
SANTO DOMINGO, Dominican Republic, Sep. 8, CMC – President of the National Council Business Council, Rafael Blanco, has welcomed news that Haiti has agreed to lift the ban on the overland entry of over twenty products from the neighbouring Dominican Republic.

According to Blanco, the ban harmed the economies of both countries and did not solve the problems affecting bilateral trade.

Blanco, who urged officials in both countries to develop joint programmes to formalize trade and other services, said measures must now be established to strengthen the exchange.

He added that representatives of the Dominican and Haitian business and government sectors had expressed concern over the lack of customs controls at the border, and the ensuing spread of smuggling.

Haiti is the Dominican Republic’s second most important export market, but as a result of the ban, bilateral trade fell by US$400 million.

Haiti’s unilateral executive order to ban the entry of products from the Dominican Republic from crossing the border overland came into effect in October 2015, bringing to a halt 88.72 per cent of the US$467.9 million yearly trade between the two countries.

The ban placed a dent in trade, particularly at the bilateral market held on Mondays and Fridays.

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