NewsWhore
08-24-2007, 03:00 PM
The DR has joined the Forum for East Asian-Latin American Cooperation (FEALAC), an interregional organization with the unanimous vote of 33 member countries in Brasilia. Foreign Minister Carlos Morales Troncoso represented the DR. Speaking about the role of FEALAC in boosting fledgling trade ties and building links between the far-flung regions, Japanese Foreign Minister Taro Aso said FEALAC would be "the greatest ocean-connecting bridge."
"Our two-way trade is now 3.5 times as big as it was in 1998, from US$53 billion to 183," he said. "The canals connecting the two oceans, both wet and dry, must be made broader."
South Korean Trade Minister Kim Jong-Hoon said "there is synergy between our two regions." He said that at the moment Latin America accounted for "only 3.0 percent of the total amount of East Asia trade with the entire world. Seen from Latin America, the corresponding figure is a mere 9.6 percent."
The East Asian members of the bloc are: Australia, Brunei, Cambodia, China, Indonesia, Japan, Korea, Laos, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Thailand and Vietnam. The Latin America members are: Argentina, Bolivia, Brazil, Colombia, Costa Rica, Cuba, Chile, Ecuador, El Salvador, Mexico, Panama, Paraguay, Peru, Uruguay and Venezuela and now the Dominican Republic.
More... (http://www.dr1.com/index.html#10)
"Our two-way trade is now 3.5 times as big as it was in 1998, from US$53 billion to 183," he said. "The canals connecting the two oceans, both wet and dry, must be made broader."
South Korean Trade Minister Kim Jong-Hoon said "there is synergy between our two regions." He said that at the moment Latin America accounted for "only 3.0 percent of the total amount of East Asia trade with the entire world. Seen from Latin America, the corresponding figure is a mere 9.6 percent."
The East Asian members of the bloc are: Australia, Brunei, Cambodia, China, Indonesia, Japan, Korea, Laos, Malaysia, Myanmar, New Zealand, Philippines, Singapore, Thailand and Vietnam. The Latin America members are: Argentina, Bolivia, Brazil, Colombia, Costa Rica, Cuba, Chile, Ecuador, El Salvador, Mexico, Panama, Paraguay, Peru, Uruguay and Venezuela and now the Dominican Republic.
More... (http://www.dr1.com/index.html#10)