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View Full Version : Fernandez: DR-CAFTA historic opportunity



NewsWhore
03-02-2007, 02:50 PM
President Leonel Fernandez considers the start of the DR-CAFTA free trade agreement as a historic opportunity for the DR to transform its economic structure and face the increasing social challenges that have built up over the years.
Fernandez in the Presidency web site saying that "Today the foundations of a prosperous Dominican Republic are being sowed." Fernandez said that the country's entry into DR-CAFTA should be considered as a triumph for the Dominican state. He also credited the previous government for their efforts and said that the start of the free trade agreement demonstrates the benefits of continuing with policies that benefit national interests.
President Fernandez formally made the announcement accompanied by US Ambassador Hans Hertell, Dominican Ambassador in Washington Flavio Dario Espinal and Industry and Commerce Minister Francisco Javier Garcia. Also present were members of the FTA technical team, Enrique Ramirez, Vilma Arbaje, Guarocuya Feliz, Jose Alfredo Rizek, Frank Castillo, Andres Vanderhorst Alvarez, and Roland Bullen from the US Embassy.
DR-CAFTA was signed on 5 August 2004, between the United States and El Salvador, Guatemala, Honduras, Nicaragua, Costa Rica and the DR. Implementation is still pending in Costa Rica.

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