Economy August 24, 2018 - 1:31 pm

Dominican-Brazilian pact aims to clear hurdles to trade

M. Vargas/ File.

Santo Domingo.- Dominican Republic and Brazil on Thurs. signed an agreement aimed at eliminating hurdles that hinder trade and investment between both countries.

Foreign minister, Miguel Vargas the agreement will promote greater access opportunities for Dominican products to that South American country.

The commitment, which includes strengthening technical cooperation, was signed by Vargas, and Brazil deputy Trade minister Santiago Mourao, as part of the first meeting of the Dominican Republic-Brazil Trade Council and Investment Group, held Thursday in the Dominican Foreign Ministry.

“We fulfill this commitment assumed in the MOU signed during my official visit to Brasilia, on May 14, with my friend and Secretary General of the Minister of Foreign Affairs of Brazil, Marcos Bezerra Abbott Galvao,” Vargas said.

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