Exports need to be national priority

[NewsWhore]

Fernando Capellan, president of the Dominican Association of Free Zones (Adozona), is calling bills to be passed that would declare exporting a national priority, reform the labor laws and stipulations that would enable the peso to float. Capellan said that the DR would then be able to make the most of new rules of origin with the US, Central America and Europe, the country's privileged geographic position, and the experience and technical skills acquired over the years, along with the natural talent of Dominican workers. "The country needs new legislation to protect free zones that is sufficiently innovative to guarantee its stability and spur its development as an important source of jobs and generation of foreign exchange and the most important contributor to the social security system," he said. He said that in 2007, the free zones exported US$4.5 of the total US$6.8 billion. Capellan was speaking during Adozona's 20th anniversary celebrations.

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