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View Full Version : ADOZONA on US economic woes



NewsWhore
09-22-2008, 03:00 PM
The president of the Dominican Free Trade Zones Association, Fernando Capellan has expressed his concern about the effects the US economic and monetary crisis will have on the Dominican Republic and Europe. He said the effects on the country are yet to be felt. Capellan said that 95% of all exports from Dominican free zones are to the United States. He said that meanwhile, the sector has stabilized and currently employs 125,000 employees, despite the 1.9% decline in manufacturing exports it suffered in the first half of the year.

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