Ingresar
Dominican Republic Elected to WCO Finance Committee for First Time
By Guzmán Ariza, Attorneys at Law
The Dominican Republic has been elected to the World Customs Organization (WCO) Finance Committee for the first time in its history, a significant achievement for the country.
The Dominican Republic was elected to the World Customs Organization (WCO) Finance Committee for the first time in its history during the 133rd Session of the WCO Council in June 2023. The Dominican Republic will serve on the committee for a four-year term.
The WCO Finance Committee is responsible for providing advice and guidance to the WCO on financial matters, including the budget, financial regulations, and financial reporting. The committee also plays a role in the development of WCO standards and guidelines on financial matters.
The Dominican Republic's election to the WCO Finance Committee is a significant achievement for the country. It demonstrates the Dominican Republic's commitment to the WCO and its willingness to contribute to the work of the organization.
The Dominican Republic's membership on the WCO Finance Committee will also provide the country with an opportunity to share its expertise and experience in financial matters with other WCO member countries. This can help to improve the overall financial governance of the WCO and ensure that the organization is able to achieve its objectives.
The Dominican Republic's election to the WCO Finance Committee is a positive development for the country and for the WCO. It is a sign of the Dominican Republic's growing importance in the global economy and its commitment to international cooperation.
Guzmán Ariza, Attorneys at Law
Guzmán Ariza is a leading full-service law firm in the Dominican Republic, consistently ranked among the country’s top-tier firms by the most prominent global legal directories such as Chambers and Partners and The Legal 500.
With ten strategically located offices across the nation's principal business and tourism hubs, we are uniquely positioned to support clients in seizing opportunities within the largest and fastest-growing economy in Central America and the Caribbean.
Our multilingual team is well-versed in advising international clients across a broad spectrum of practice areas. In the field of intellectual property, we offer robust counsel and representation in both commercial transactions and litigation. Our services cover trademark and trade name protection, copyright and patent registration and enforcement, as well as licensing, assignments, and the transfer of IP rights.
Guzmán Ariza is globally connected through active memberships in prominent international legal networks, enabling us to effectively support cross-border matters and multinational transactions.