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Brief information on the Dominican Republic

Flag Dominican Republic

 

Short-term There are no formal restrictions on cover.
Medium/long-term There are no restrictions on cover of medium and long-term transactions with private buyers provided that the projects generate foreign exchange.
Cover facilities for transactions with public buyers are available under a ceiling of EUR 200 million.
In addition, cover is available for project financed and other structured finance deals, where necessary based on countertrade transactions.
Collateral If the foreign buyer’s creditworthiness is inadequate, bank security is required.
Country risk category 5

No responsibility is taken for the correctness of the information provided

More detailed information on the cover policy can be found in all articles of the AGA-Report on Dominican Republic (German version only) and country information on commercial practices, business climate, market analyses, law, import procedures, customs duties can be found on the website of Germany Trade & Invest (gtai).

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The senior country advisers for the Dominican Republic will be pleased to answer your questions

  • on single transaction cover: Mr Jens Kruse, phone: +49 (0) 40 / 88 34 - 90 89
  • on revolving and wholeturnover cover: Mr Matthias Holst, phone: +49 (0) 40 / 88 34 - 90 54
  • on economic analyses: Ms Corinna Dietsche, phone: +49 (0) 40 / 88 34 - 92 16

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