CAFTA to increase DR trade with US by 30%
http://www.dominicantoday.com/app/article.aspx?id=12380
April, 12 - 10:50 AM
CAFTA to increase DR trade with US by 30%
Santo Domingo.- Bilateral trade between the Dominican Republic and the United States should increase by 30 per cent as of the implementation of the Free Trade Agreement with Central America and the United States (DR-CAFTA).
Such increase is expected to hover around US$9.5 billion per year.
These considerations were stated by the chief of the United States Trade Office, Michael McGee, who recalled the experience with Chile during the first year of implementation of a similar accord.
McGee affirmed that a major aspect to conquer for proper economic development is the trust of people in their institutions.
He praised growth of Dominican investments in organic fruit and vegetable production, for which he augured great opportunities in the US markets.
McGee considered that education is a fundamental factor, as well as investment in human resources training for competitiveness that the country must embrace.
I guess this will mean an even larger trade deficit for the United States. I hope that Sellout Sue Myrick, Flip Flopin Robin Hayes and the other traitors who voted for this deal are proud.