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16. The Dominican Republic grants tax incentives to certain sectors or for certain activities. (...) The scheme to promote renewable energy has been extended to include new energy production sources, and incentives have been introduced for solid waste processing.

25. (...) During the review period, (...) renewable energies have doubled their share in electricity generation. (...)

1.15.   Law No. 139-11 and Law No. 253-12 on strengthening the State's revenue capacity for fiscal sustainability and sustainable development, led to significant changes in the taxes applied. (...)

2.17.   International trade is of utmost importance to the Dominican Republic, as can be seen from the high growth rates it has experienced, which have contributed to job creation. It is therefore important for the country to have a flexible multilateral trading system that contributes to inclusive, sustainable and fair development. (...)

2.19.   (...) The country also supports a reduction in the impact of trade on the environment and natural resources, especially marine resources and those linked to food production.

2.23.   The Dominican Republic has trade agreements with Central America, the United States, Panama, the United Kingdom, the European Union, the Caribbean Community and the member States of the Caribbean Forum (CARIFORUM) (Chart 2.1). (...) The other agreements also include other trade disciplines; for example, investments, electronic commerce, intellectual property, or labour- or environment-related aspects.

2.32.   (...) Pillar 4 (goal 4.3) of the National Export Development Plan (PNFE) 2020–30 is also aimed at increasing foreign investment. [52](...)
[52] The PNFE 2020–30 is part of the set of initiatives linked to the third strategic pillar of the National Development Strategy (END) 2030, which relates to the development of a sustainable, integrated and competitive economy.

2.33.   In general, all economic activities are open to foreign investment except those specified in the Foreign Investment Law and in certain sectoral laws. Article 5 of the Law prohibits foreign investment in activities related to the handling of toxic, hazardous or radioactive waste produced abroad, as well as activities affecting public health, environmental balance or national security. (...)

2.43.  Since 2007, incentives have been offered to install plants using solar, wind, and hydro power and, in 2015, these incentives were extended to facilities producing energy from biomass and solid waste, as well as geothermal plants. [63] (...) These incentives include: (i) 100% exemption from asset tax for five years; and (ii) 100% exemption from tariffs and the ITBIS on machinery and equipment.
[63] The incentives provided for in the Law have not been amended and have simply been extended to other renewable energy producers (Law No. 57-07 and Decree No. 202-08, and Law No. 115-15).

3.46.   The Dominican Republic maintains import prohibitions and restrictions for reasons of public health and safety, animal and plant health, and environmental protection, and in order to comply with the requirements of the international agreements to which it is a party.