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As signatory to the Uruguay Round of Negotiations of the GATT and member of the World Trade Organization (WTO), the Dominican Republic is guided, in order to plan the process of economic modernization and regional integration, in the principles and guidelines adopted by the WTO in view of liberalizing world trade. The country had also a very active participation at the WTO series of ministerial meetings held in Doha in November 2001.
One of the main objectives of the reform program executed by the country is to adapt its legal and economic framework to WTO postulates, so as to ensure itself a place within the process of economic globalization that is taking place throughout the world.
This process of adaptation to WTO rules has entailed comprehensive amendments in all of the fields with influence on economic activity, such as intellectual property and custom tariffs, as well as in economic sectors such as tourism, telecommunications, financial services, etc.
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