NewsWhore
10-17-2008, 04:20 PM
Dominican Exporters' Association (ADOPEX) president Ricardo Koenig says that products like rum, tobacco and bananas will enter the European markets with ease following the signing of the European Partnership Agreement between the DR, Caricom and the European Union in Barbados this week. The agreement still needs to be ratified by Congress.
Koenig explained the rules of origins clause is more flexible than in the DR-CAFTA agreement and this would make it easier for Dominicans to export local produce to Europe. According to Koenig, exports to the EU total 29.3% of the DR's total exports for a total of US$661.9 million. In comparison the DR exports 26.4% to the US for a total value of US$597.3 million. Koenig also said that the Netherlands is the second largest recipient of Dominican goods, receiving more than 50% of all goods exported to Europe. Products exported to the Netherlands include nickel, cacao, tobacco, mangos, cigars, bananas, coconuts, avocados and scrap metals.
More... (http://www.dr1.com/index.html#3)
Koenig explained the rules of origins clause is more flexible than in the DR-CAFTA agreement and this would make it easier for Dominicans to export local produce to Europe. According to Koenig, exports to the EU total 29.3% of the DR's total exports for a total of US$661.9 million. In comparison the DR exports 26.4% to the US for a total value of US$597.3 million. Koenig also said that the Netherlands is the second largest recipient of Dominican goods, receiving more than 50% of all goods exported to Europe. Products exported to the Netherlands include nickel, cacao, tobacco, mangos, cigars, bananas, coconuts, avocados and scrap metals.
More... (http://www.dr1.com/index.html#3)