[DR1] Bastian on rules for investments

[NewsWhore]

The United States Under Secretary of Commerce, Walter Bastian, told reporters in Santo Domingo that if the Dominican Republic wants to attract investors, the rules "are highly important." For Bastian, the DR-CAFTA agreement is important because it will lead to discipline and changes in the way people think. The American diplomat, here as part of the US delegation at the XXXVI OAS Assembly, said that the world's funds for investment are not infinite, and that there is competition for these resources. Bastian pointed out that at the time of making an investment decision, the potential investor is thinking about the investment climate, the rules of investing, corruption, education and health in the target country. Today, he said, the main activity is in the Far East, and that is where the investments are going. Bastian pointed out that one of the principal benefits of DR-CAFTA would be the foreign investment it attracts.

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