Trade to Europe up

[NewsWhore]

According to Foreign Minister Carlos Morales Troncoso, by the end of the year the DR will have exported US$900 million worth of goods to Europe. He described this as an unprecedented accomplishment that was reached with the help of the Economic Partnership Agreement. He added that despite the current financial problems, the economy and world trade decreases, the EPA has been a saving grace for the DR. Sugar, banana, cigars, apparel and rum exports to Europe grew at a higher pace in 2009, and this is expected to continue to increase. Morales Troncoso was speaking in Germany, where he was attending a conference at the Hamburg Chamber of Commerce.

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