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NewsWhore
10-14-2010, 04:20 PM
President Leonel Fernandez and Puerto Rico Governor Luis Fortuno have announced a strategic alliance to fight drug trafficking, and bilateral projects in energy, trade, education and tourism.
In a press conference yesterday, Governor Luis Fortuno motivated businesspeople in both countries to make the most of the DR-CAFTA free trade agreement. He said that they would restart the scheme of twin plants in Puerto Rico that operated well in the past, this time incorporating production in Haiti.
Fortuno presented the alliance between Grupo Corripio in the DR and Lanco Manufacturing Corporation in Puerto Rico as an example of co-investment with the DR.
After a working meeting with President Leonel Fernandez at the Presidential Palace, the governor announced they were exploring the possibility of interconnecting both countries' electricity networks and co-producing renewable energy. They expressed an interest in working towards a Caribbean energy integration system aimed at lowering the cost of electricity in both countries.
The secretary of the Department of State for Puerto Rico, Kenneth McClintock, who accompanied Fortuno, said that they discussed the network that would be based on interconnecting the US Virgin Islands, Puerto Rico, the Dominican Republic, and Haiti. Likewise there is the interest to encourage the use of cheaper and/or cleaner energy sources; collaborate on joint energy purchases; and, work together to assist in the reforestation of Haiti.
The government representatives also scheduled a meeting to discuss environmental collaborations, discussed ways to facilitate the introduction of agricultural products from the Dominican Republic to Puerto Rico and the U.S. mainland and began planning Puerto Rico's first commercial mission to the Dominican Republic in the coming months.
He said the project would enable Puerto Rico to sell its surplus energy, which amounts to 2,200 megawatts a year, via a submarine cable. McClintock said that the first phase of this connection would be established between Fajardo, on the east coast of Puerto Rico and the island of St. Thomas, although he did not provide definite dates for the project. He said that the link with the Dominican Republic would be established in the second phase, in at least 15 years time, as reported in Diario Libre.
Fernandez said that a bi-national committee would work towards restarting the ferry service between Santo Domingo and Mayaguez, which was suspended in July.
Fortuno spoke of closer ties in regards to research in education. He also said security is an area for creating stronger institutional ties because of the increase in drug shipments in the Caribbean in recent years.
http://www.presidencia.gob.do/app/article.aspx?id=12882

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