DR's trade with Trinidad

[NewsWhore]

90% of the DR's imports from Caricom nations comes from Trinidad, Dominican consul in Trinidad, Freddy Reyes told Diario Libre. The DR is the largest importer of petroleum and its derivatives among Caricom nations. The DR imports an annual value of US$250 million in natural gas, propane gas and lubricants. Reyes added that this year's bill for those derivatives could surpass US$300 million. As a sign that relations between Trinidad and the DR need to be strengthened, Trinidad appointed Ivonne Gittrens-Josephs to be ambassador, based in the DR. Trinidad and Tobago is one of the region's largest petroleum producers and exporters. Gittrens-Josephs says that the DR is an important trading partner for Trinidad and her designation as ambassador reflects that. She added that in the last few years trade between both nations has increased, especially in petroleum products.

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