Economy May 28, 2019 | 10:10 am

Dominican-Chinese Chamber to probe ‘unfair’ competition

Santo Domingo.- Dominican-Chinese Chamber of Commerce president Roberto Santana on Mon. said they want to know in detail the complaint from the Dominican Industries Association and the Dominican Plastics Industry Association over alleged unfair competition by five Chinese businesses in Dominican territory.

He said they’ll contact the industries to agree on a joint investigation, “as well as in any other diligence to clarify the issue denounced and promote the adoption of corrective measures if appropriate in the case.”

Both China and the Dominican Republic, Santana said, have agreed to develop their relations in a framework of equality and respect for the law, promoting mutually beneficial exchanges and cooperation, “so that any practice that deviates from these criteria is alien to the will of both countries and the actions of the entities that support the healthy development of exchange and cooperation between the parties.”

He added that any company with foreign capital, national or mixed, “must strictly adhere to the national legislation, as well as to the agreements and pacts of which the country is officially a signatory.”

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