NewsWhore
10-18-2011, 02:40 PM
The study that evaluates the impact of the DR-CAFTA on national production reveals that since the free trade treaty went into effect, Dominican exports to the United States have increased by 73%.
The study, "An Assessment of the Impact of the DR-CAFTA on the Production Sector of the DR," sponsored by the US Agency for International Development (USAID), through the Project for Implementing DR-CAFTA, focuses on the quantitative analysis of the impact of the agreement both with the United States and with Central America.
The report revealed that the Dominican Republic sources 40% of the domestic demand for supplies and raw materials for national production from the United States. It points out that 78% of the trade deficit with the United States is made up of cooking oil, machinery, vehicles, cereals and plastics. Nonetheless, the DR has a significant commercial surplus when it comes to shoes, medical equipment, textile exports, sugar and tobacco.
The study carried out by the economist Nassim Jose Alemany, indicates that the DR-CAFTA agreement has been positive for the commercial exchange between the DR and Central America, with the export rate going up by 59%.
More... (http://www.dr1.com/index.html#8)
The study, "An Assessment of the Impact of the DR-CAFTA on the Production Sector of the DR," sponsored by the US Agency for International Development (USAID), through the Project for Implementing DR-CAFTA, focuses on the quantitative analysis of the impact of the agreement both with the United States and with Central America.
The report revealed that the Dominican Republic sources 40% of the domestic demand for supplies and raw materials for national production from the United States. It points out that 78% of the trade deficit with the United States is made up of cooking oil, machinery, vehicles, cereals and plastics. Nonetheless, the DR has a significant commercial surplus when it comes to shoes, medical equipment, textile exports, sugar and tobacco.
The study carried out by the economist Nassim Jose Alemany, indicates that the DR-CAFTA agreement has been positive for the commercial exchange between the DR and Central America, with the export rate going up by 59%.
More... (http://www.dr1.com/index.html#8)