PDA

View Full Version : Refidomsa done by year's end



NewsWhore
07-31-2009, 03:40 PM
Negotiations for the sale of the Dominican Petroleum Refinery (Refidomsa) should be completed by the end of the year, says Hacienda Minister Vicente Bengoa.
He also announced that the Ministry of Hacienda is preparing a report to challenge assertions by US Representative from California Loretta Sanchez, who earlier this week asked the US State Department to investigate the sale of 49% of Refidomsa to Venezuela, saying that it could be a potentially dangerous and non-beneficial agreement for the DR and could be in violation of trade agreements with CAFTA and the US. Bengoa has denied this.
Senate president Reinaldo Pared Perez said the push by Sanchez is actually led by a coalition of politicians who don't want the agreement with the DR to go through. He says the sale of Refidomsa will ultimately benefit the DR.

More... (http://www.dr1.com/index.html#5)