NewsWhore
10-25-2007, 03:30 PM
The executive director of the National Competitiveness Council, Andres van der Horst Alvarez, is advocating for the development of an export culture as a way of mitigating the continuing increases in the price of imported fuel. "The most sustainable way to confront the increase in the price of petroleum is to stimulate an export culture that enables the country to generate the hard currency to maintain economic growth and pay the ever-increasing fuel bill," he stated in a press release. He said that in addition to having an energy savings plan and promoting alternative sources, an increase in exports is essential. He said it could be many years before the DR is able to reduce its dependence on petrol. The DR consumes approximately 110,000 barrels of petroleum a day, for an annual bill worth over RD$13 billion.
He called on Congress to pass the Industrial Competitiveness Bill, which he describes as an instrument for encouraging the development of an export culture now that the country is implementing DR-CAFTA that has stimulated imports. He said that the bill incorporates ways of creating a base for a new export oriented industry, and would make it easier for small and medium-size companies to also become exporters.
More... (http://www.dr1.com/index.html#3)
He called on Congress to pass the Industrial Competitiveness Bill, which he describes as an instrument for encouraging the development of an export culture now that the country is implementing DR-CAFTA that has stimulated imports. He said that the bill incorporates ways of creating a base for a new export oriented industry, and would make it easier for small and medium-size companies to also become exporters.
More... (http://www.dr1.com/index.html#3)