NewsWhore
03-02-2007, 02:50 PM
The Dominican Republic will have a sugar quota in the European market, thanks to ongoing Dominican diplomatic efforts. The DR had to give up exporting to Europe after becoming a signatory of the Lome Agreement in 1989. The Dominican ambassador in Brussels, Federico Cuello Camilo said that the concession is the result of Foreign Relations Minister Carlos Morales Troncoso's efforts to harmonize relations with Caribbean countries, and the DR's contributions to the negotiation of the Economic Partnership Agreement with the European Union.
Cuello explained that in principle while all the Caribbean countries would keep at least the bilateral quotas that they presently have under the sugar protocol, the DR would receive a quota in order to participate in the market. Cuello said that Morales proposed this to the Caribbean ministers gathered in Belize on 23 February and it was accepted.
"In this scenario proposed by the minister and now confirmed by the European Commission, no country would lose its existing guaranteed access, and the DR would gain a new market and all would be part of the agreement that will replace the Cotonou Agreement's preferential trade regime," he explained.
More... (http://www.dr1.com/index.html#4)
Cuello explained that in principle while all the Caribbean countries would keep at least the bilateral quotas that they presently have under the sugar protocol, the DR would receive a quota in order to participate in the market. Cuello said that Morales proposed this to the Caribbean ministers gathered in Belize on 23 February and it was accepted.
"In this scenario proposed by the minister and now confirmed by the European Commission, no country would lose its existing guaranteed access, and the DR would gain a new market and all would be part of the agreement that will replace the Cotonou Agreement's preferential trade regime," he explained.
More... (http://www.dr1.com/index.html#4)