NewsWhore
08-27-2007, 04:00 PM
The president of the Dominican Association of Free Zones, Fernando Capellan alerted that the DR has become a very expensive country and has taken the wrong path, as reported in Hoy. He favors that the exchange rate be adjusted to reflect the costs of the country. Capellan said that the high production costs do not only affect production in free zone industries, but rather all Dominican exporters, including food and tourism venues. He spoke of the difficulties Dominicans have to compete with Central American competitors. He described the present situation affecting exporters as "unsustainable."
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More... (http://www.dr1.com/index.html#3)