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NewsWhore
09-12-2008, 05:30 PM
US Commerce Secretary Carlos Gutierrez is expected in the DR this month. He is heading a business delegation of US exporters on a tour of the DR, Nicaragua and Costa Rica, starting 28 September. The US is pleased with the agreement. "CAFTA-DR is transforming the competitiveness of the Western Hemisphere in the global marketplace," said Gutierrez. "Since implementation two years ago, the United States has reversed our previous trade deficit to a current trade surplus of $3.7 billion in 2007 with the CAFTA-DR countries. CAFTA-DR has expanded openness and transparency in the region, which has improved the trade and investment climate for US companies. I look forward to leading US exporters on this business development mission to the Dominican Republic, Nicaragua and Costa Rica to capitalize on the opportunities that CAFTA-DR offers to US industry and agriculture."

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