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NewsWhore
09-17-2009, 06:00 PM
The Santiago Chamber of Commerce is inviting the public to visit Expo Cibao, the goods and services trade show open at the La Barranquita sports complex. The theme of this year's fair is "Dominicans, it's time to export! A total of 225 companies are taking part with 400 stands. The trade show is expected to attract 350,000 visitors and generate RD$350 million worth of sales.
In his keynote speech during the opening ceremony, Santiago Chamber of Commerce president Oliverio Espaillat stressed the need to change the paradigms in the country and create an export culture. He said that the trade deficit was increasing every year, requiring finance from foreign investment, remittances and foreign loans. "This deficit went from US$3.72 billion in 2005 to US$9.14 billion in 2008", he said. He added that this trend was unsustainable for any economy, in the medium and long term.
For more on upcoming events, see http://www.dr1.com/calendar

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