Doing Business in the Dominican Republic

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Syllabus of the Subject: Doing Business in the Dominican Republic. Santo Domingo.

  1. Introduction to the Dominican Republic (America)
  2. Doing Business in Santo Domingo
  3. Dominican Economy
  4. International Trade of the Dominican Republic
  5. Case Study:
    1. Trade Relations with Chile and Canada
    2. Brugal
  6. Introduction to Spanish
  7. Access to the Dominican Market
  8. Business Plan for the Dominican Republic

The objectives of the subject “Foreign Trade and Doing Business in the Dominican Republic” are the following:

  1. To analyse the Dominican economy and foreign trade
  2. To evaluate the business opportunities in the Dominican Republic
  3. To explore the Dominican Republic's trade relations with the country of the student
  4. To know Dominican Republic's Free Trade Agreements
  5. To examine the profile of Dominican Companies
  6. To develop a business plan for the Dominican Market
The Subject (e-learning) “Doing Business in the Dominican Republic” is part of the following Higher Education Programs taught by EENI (Business School) and the Hispano-African University of International Business:
  1. Masters (e-learning): International Business, America
  2. Doctorate in Business in America
  3. Course: Central America

Course learning materials in Higher Education in English or Tertiary Education in Spanish Repúbliba Dominicana Post-secondary Education in French Repúblique Dominicaine

  1. Credits of the subject “Foreign Trade and Doing Business in the Dominican Republic”: 1 ECTS Credits
  2. Duration: one week

Sample of the subject: Doing Business in the Dominican Republic
Doing Business in the Dominican Republic

Description of the Subject (Online Learning): Doing Business in the Dominican Republic.

The Dominican Republic.

  1. The capital of the Dominican Republic is Santo Domingo
  2. The Dominican population is 9.9 million people
  3. Area: 48,311 square kilometres
  4. The official language is Spanish
  5. The Dominican Republic gained independence from Spain in 1821
  6. Abolition of Slavery in the Dominican Republic: (1804)
  7. Toussaint Louverture
  8. African Diaspora in the Dominican Republic: 8.7 million people (84% of the Dominican population)

Religion in the Dominican Republic: Catholicism (Christianity)

The Dominican Republic belongs to the Christian Civilisation - Latin American area

The Dominican economy and foreign trade.

  1. The service sector is the pillar of the economy of the Dominican Republic (55% of GDP, largest employment generator)
  2. Other significant economic sectors in the Dominican Republic are free trade zones, tourism, telecommunications, and construction
  3. The tourism sector represents more than 1,000 million dollars annually
  4. The Dominican economy is closely related to the Foreign direct investment (FDI) from the United States
  5. The economic slowdown due to the impact of the international financial crisis
  6. The economy of Santo Domingo (capital) is based on services and industry and represents a gross domestic product of 30 billion dollars (Purchasing Power Parity)
  7. The Dominican financial sector is strong and is one of the largest in the Caribbean region
  8. In the Dominican Republic, exports were reduced by 231 million dollars mainly due to the fall in exports of ferro-nickel, as a result of the reduction of international nickel prices. All this led to the temporary closure of the company Falconbridge
  9. The Dominican Republic has one of the most advanced telecommunications infrastructures in Central America, open to the foreign direct investment (FDI)

Brugal is one of the largest companies in the Dominican Republic. In recent years, Brugal has begun a process of strengthening its presence in international markets, to increase exports and guarantee its continued growth process.

Central American Integration System (SICA)

The Dominican Republic Free Trade Agreements (FTA) and Market Access

  1. Central American Integration System (SICA)
  2. Trade Agreement with the United States (CAFTA-DR)
  3. FTA with the CARICOM
  4. Association of Caribbean States (ACS)

United States-Central America Free Trade Agreement (FTA)

Samples - Business in the Dominican Republic

Toussaint Louverture Diaspora

Central America-Dominican Free Trade Agreement (FTA)

CARIFORUM-European Union Economic Partnership Agreement

Association of Caribbean States (ACS)

Central American Common Market



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