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NewsWhore
11-11-2008, 03:10 PM
President Leonel Fernandez returns home today after a 14-day trip to El Salvador, France, Qatar and the United Arab Emirates, the United Kingdom and the United States.
During his speech at the XVIII Ibero-American Heads Of State Conference held in El Salvador, President Leonel Fernandez said that the biggest challenge for young people in Central America was education. Fernandez said that in the Latin American context education is only referenced as a percentage of national GDP and nothing else. According to Fernandez, spending on education below 4% of the GDP is insufficient and there is no future with that model. Nonetheless, the DR currently allocates just 2.3% of its GDP towards education.
During his trip to France, Fernandez spoke at the first session of the Biarritz Forum (3-4 November). During his speech Fernandez called on all countries, not just the Group of 20, to take part in reforming the international financial system, which must be "fairer and more equal" and to fight against speculators. He stressed that the new international financial system should include all countries, in a criticism of the composition of the Washington Summit set for 15 November, which will gather the G20, the seven richest countries in the world and some of the larger emerging economies.
During his trip to the Gulf, Fernandez and the official delegation pushed for future Middle Eastern investment in the DR in the areas of energy, tourism and the possibility of building a petroleum refinery in the DR.
In the UK, Fernandez met with representatives from Warwick University where an educational cooperation plan for 2009 was agreed. The plan will include an exchange scholarship program for Dominicans to study in England. Initially, the program will be directed at students of law, governance, international relations, science, agriculture and political science.
Fernandez is expected to land at San Isidro Air Force Base at 10pm, on a private flight from New York.

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