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View Full Version : DR, Cuba work towards agreement



NewsWhore
06-05-2008, 02:30 PM
The DR and Cuba are working towards signing a Partial Scope Agreement to enhance trade. President Leonel Fernandez held a meeting with the Cuban delegation at the World Food Summit in Rome to discuss strengthening trade between both countries. The First Vice-President of the Cuban Council of State, Ramon Machado Ventura headed the Cuban talks in Rome. The previous week, Eddy Martinez of the Center for Export and Investment (CEI-RD) signed an agreement with the Cuban Chamber of Commerce to promote bilateral trade and advance on the future signing of a Partial Scope Agreement. Martinez was in Cuba for the XV International ExpoCaribe Fair held in Santiago de Cuba.
Martinez says that both countries are looking into potential alliances between businesses as a step ahead prior to signing a trade agreement. Trade between both countries is estimated to reach US$100 million this year. The DR and Cuba reestablished diplomatic relations during Leonel Fernandez's 1996-2000 administration. The DR exports fertilizer, animal feed and furniture to Cuba.

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