IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 18 Oct 2010 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 18 August 2010, the Environmental Ministry of the Dominican Republic refused the preliminary approval of an investment project by Corona Materials over environmental concerns.
The state reason for the refusal was that the prospective aggregate mining project was situated within 30 meters of bodies of water. However, Corona Mineral contests that it is situated 700 meters away from the concerned bodies of water, while domestically-owned mines are located less than 30 meters from water sources.
 

AFFECTED COUNTRIES

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