NewsWhore
07-18-2008, 05:10 PM
Luisa Fernandez, director of the National Free Trade Zone Council (CNZFE), says that many of the free trade zone (FTZ) companies that had left for Mexico, Central America or Asia have returned to the DR. Fernandez said that in Asia there are increasing salary requirements and that companies have to meet American environmental requirements. While this is detrimental to Asia, it has been beneficial for the DR. She added that distance is also an issue since freight costs are higher because of the amount of fuel needed to transport goods from Asia to the US. Fernandez concluded that US companies would rather buy from the DR than wait six weeks for a shipment to arrive from China.
More... (http://www.dr1.com/index.html#7)
More... (http://www.dr1.com/index.html#7)