Free Trade Area of the Americas - FTAA |
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FTAA – CONSULTATIVE GROUP ON SMALLER ECONOMIES Exportable supply diagnosis Background The results of a survey made of the export sector revealed a series of products in need of an exportable supply diagnosis. The sectors chosen as a result of the aforementioned survey are as follows: • THE FURNITURE INDUSTRY, MANUFACTURERS OF MATRESSES AND SIMILAR ITEMS Rationale It should be pointed out that having a diagnosis of our exportable supply will enable the export sector to identify, both qualitatively and quantitatively, to what extent our products are suitable for export, as well as the amounts available, in light of their uniformity and current export prices, and thereby measure their competitiveness against similar exports in the region. Is worth noting that the most recent real, objective, and reliable exportable supply diagnosis was made in 1983. The export sector, therefore, has been operating without an assessment of the quality, uniformity, quantity and prices of its exportable or potentially exportable products for twenty years. This is what makes the completion of this project absolutely essential. Objective *To guarantee macroeconomic stability, by ensuring sustained growth in national production through the presentation of a national exportable supply scheme organized per production sector. *To contribute towards reducing employment and poverty in the country through the economic growth that would be generated through the expansion of international trade. *To foster a suitable climate for promoting foreign investment in accordance with the policy of economic opening and integration being pursued by the Dominican Republic with other hemispheres. *To organize the national forces of production around shared trade objectives. *To provide the international community reliable information on the real potential of national production and its exportable supply in the short, medium, and long term. *To draw up organization schemes for trade in accordance with the international demands being made on the production sectors under study. *To contribute to the modernization, transparency, and institutionalization of State institutions so that these can respond to and meet the needs of the production sectors at home and abroad, as well as of society as a whole. Participating organizations *Associations of exporters *Associations of business people *Associations of industrialists *Associations of farmers *Associations of agro-industrialists *Association of industrial park and free-zone administrators *Association of hotel and free-zone owners *Chambers of commerce and production of the Dominican Republic *Financial institutions *Institutions of international cooperation *State institutions Expected results The project would be national in scope, and various Dominican business and production organizations would participate, as well as the national government, through the trade-related government agencies. As far as methodology is concerned, the project would be carried out simultaneously in the 10 national production sectors chosen for study, in order to assess the situation: *per production sector (industry, agro-industry, farming, services, etc.) *according to the production of each region *in the various production sectors taken as a whole, through the work carried out by survey groups dispersed throughout the country operating under regional group coordinators. The approximate cost of the project is: US$ 64,007.83 |
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