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NewsWhore
09-05-2006, 06:10 PM
President Leonel Fernandez led the meeting organized by the Dominican Association of Free Zones on Monday to discuss a proposal for the recovery of the "Free Zones Today and their Competitive Re-Launching towards the Future," presented by Rene Villareal, consultant to the National Competitiveness Council (CNC). Villareal proposed that companies nationwide be given duty free treatment when manufacturing apparel or footwear. Vice President Rafael Alburquerque and the economic cabinet almost in full was present to hear the reality from free zone business representatives. At the closing, President Leonel Fernandez appointed a commission lead by Danilo Medina to come up with an action plan to be implemented in a month's time. The closed-door event was held at Santiago's Hotel Gran Almirante. The meeting is part of the sector's strategy for preparing for the DR-CAFTA treaty. Dominican free zones exports have been declining, and the proposal seeks to find ways to turn the downward trend around.

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