Information and assistance Investor considerations Government policy favors foreign investment. There is no discriminatory tax treatment of local and foreign investors. There are market opportunities in manufacturing for export to neighboring countries.
Labor costs are reasonable.
The government encourages all investment, without discrimination between local and foreign investors. The incentives for investments are available for both. Furthermore, in addition to the free foreign exchange system prevailing since 1974, the questions of convertibility, remittance of profits and repatriation of capital, which are usually a matter of concern to foreign investors, are specifically addressed in a Foreign Investment Law. Trade policy Government trade policy is aimed at reducing traditionally high trade barriers, and substantial reductions have been achieved. The treaty provides for free transfer of goods, services and productive factors within these countries through progressive elimination of customs duties and other restrictions.