The Dominican Republic's economy boomed in the 1990s, expanding at an average rate of 7.7% per year from 1996 to 2000. Tourism (the leading foreign exchange earner), telecommunications, and free-trade-zone manufacturing are the most important sectors, although agriculture is still a major part of the economy. The Dominican Republic owed much of its success to the adoption of sound macroeconomic policies the mid of 1980s and greater opening to foreign investment.

The Dominican Republic's most important trading partner is the United States (75% of export revenues). Other markets include Canada, Western Europe, and Japan. The country exports free-trade-zone manufactured products (garments, medical devices, etc.), nickel, sugar, coffee, cacao, and tobacco. It imports petroleum, industrial raw materials, capital goods, and foodstuffs.The Dominican Republic has a trade agreement with the United States known as D.R- CAFTA and also with the European Community which is called EPA. Both trade agreements provide free access to those markets for the goods produced in the Dominican Republic.
An important aspect of the Dominican economy is the Free Trade Zone industry (FTZ), which made up U.S. $4.55 billion in Dominican exports for 2006 (70% of total exports).

In the Dominican Republic you will find the world famous hand-made Cigars, the exquisite mountain inorganic Coffee from Polo,Barahona and the strong but delicious dominican Beers but also our Rhums made from sugar cane.

The Dominican Republic has a Preferential Access to the United States Market through the DR-CAFTA Agreement.

The Dominican Republic has a Preferential Access to the European Union Community through the EPA-CARIFORUM Agreement.

 

When Christopher Columbus arrived on the Dominican Republic's shores in 1492, he proclaimed, "There is no island that is more beautiful in the world ". For visitors of the country today, the Dominican Republic definitely represents just that. It is simply a paradise to discover - golden sandy beaches, crystal clear turquoise waters, mysterious lush valleys, majestic tall mountains and wonderfully friendly people. Today the Dominican Republic is the leading country in the region receiving 4 million tourists yearly ... More>>

The Dominican Republic's economy boomed in the 1990s, expanding at an average rate of 7.7% per year from 1996 to 2000. Tourism (the leading foreign exchange earner), telecommunications, and free-trade-zone manufacturing are the most important sectors, although agriculture is still a major part of the economy... More>>

The most expansive coastlines in the Caribbean, with more than 800 miles of diverse ecological environments ranging from desert to tropical rainforest, make the Dominican Republic a fantastic setting for boating. The many gentle stretches of beach, strong surf, and powerful winds offer many ideal locations for water sports like windsurfing, boogie boarding, and kiteboarding. Incredibly clear waters and a variety of colorful marine life also make it a favorite for snorkeling enthusiasts and scuba divers... More>>

Strategic location, political and economic stability makes the Dominican Republic one of the best destinations in Latin America for foreign investments... More>>

This is the country where the discovery of America started and where Christopher Columbus is buried. The colonial architecture of the old city is something to see and enjoy... More>>

 

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