Santo Domingo.- Caribbean Commercial Partnership (CCC) president Fernando González Nicholas asked the government to reactivate the free trade agreement between Dominican Republic and the Caribbean Community (Caricom) countries signed in 1998.
“Dominican exporters are eager for a large number of their products to be included to benefit from the agreement with Caricom. Those products are vital to increase their commercial presence in the Caricom countries’ market,” Gonzalez said.
The Caricom free trade pact was one of Dominican Republic’s first experiences of regional opening, though González affirms that the TLC Joint Council needs to meet and reactivates it. “Generally it’s clear that the agreement with Caricom has provided many benefits in motoring trade and Dominican exports without jeopardizing any sector.”
The business leader said that was the result of a correctly negotiated agreement in which the considerations of all sectors involved was taken into account. He said to reach a consensus efficiently is vital to guarantee that a free trade agreement serves as a development mechanism and not the contrary.
As an example González cited Dominican Republic’s steel industry, which he said as the result in the agreement became one of the main export lines, with sales topping US$80 million yearly.
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The CCC president also announced that Caricom-Dominican Republic Business Forum, the official organism in charge of monitoring and of making recommendations on the agreement, will meet in the capital next Friday.
From: Dominican Republic, No Spin Zone
Use caution Caricom is for the most part a useless organization ...If the DR has a chance to make a profit that is good ....but is not without its problems
From: United States
No "reboot"
Boot out all the blood sucking corrupt scum.
If tourism is your #1 revenue why stick us with those broken down ‘taxis’?
The DR-CAFTA eliminated import duty on cars, why would you stifle new car imports with a 17% first registration fee.
Dominicans can not survive without cheating someone, even themselves.
Written by: Cacique, 7 Dec 2009 11:54 AM
From: Dominican Republic
Miller, for stranger you sure have much time to pound us injuns, get a tepee with your tribe...
Written by: xwill7, 7 Dec 2009 12:49 PM
From: United States, El cuarto bate
abc will want trade with cuba and china
Written by: josean, 7 Dec 2009 1:03 PM
From: United States, Show your Love for DR Vote AGAINST the PLD!
Its Miller Time!
From: United States
actually, to hear Blutarsky tell it, Caricom will be the fly in the ointment. of course, that is not because he actually knows something about the entity, but because he does not like british caribbean people ( thankfully, i am sure they have reciprocal feelings). but the trade agreement sagged in the beginning, because the DR did not want to live up to its end of the deal. when the cement factory in jamaica was hit by the last hurricane two or so years ago, they came straight to the DR for replacement cement. a lot of guys here made a lot of good money on that deal. however, you try to get information on importing anything from caricom into this country, and the trade department will not even pay you the courtesy of a reply. i know this for a fact. i have 5 unanswered emails to them in my outbox. so, it is a little more complex than some predictable rant from Blutarsky.
Written by: abc200, 7 Dec 2009 1:48 PM
From: United Kingdom, Dominican Republic
Seems to me most of the motorcycles already come from China. No-one else can produce for 300 dollars per unit.
Seems other countries cannot be bothered to compete. Is this a good deal for DR - yes - and shouid the DR import more Chinese goods possibly yes. Freezers in local stores already come from China, many clothes, shoes etc. DR could become a service oriented economy running, for example running call centers and medical clinics / surgery units for the US market. Containers of course have to make their way back to China - maybe filled with rum.
S.
From: United States
DR could become a service economy, running call centers. really. the same call centers that are now being characterised as information technology sweatshops. yes, the ones that pay university graduates 2500 pesos for a six day week, and those people leave work at 10pm. great development strategy, ABC. maybe, one day, those people will have enough discretionary income to buy a pound of bacon.
Written by: abc200, 7 Dec 2009 2:58 PM
From: United Kingdom, Dominican Republic
From: United States
dominicans do raise their own pigs. never seen them being roasted on an open spit on sunday mornings? you need to get out more often. lol
Written by: abc200, 7 Dec 2009 3:01 PM
From: United Kingdom, Dominican Republic
provide little employment and little for the welfare of the people.
S.
Written by: abc200, 7 Dec 2009 3:28 PM
From: United Kingdom, Dominican Republic
Yes, they do - but not enough - what proportion.. My impression is that in many areas there are not enough small plots, small farms etc. Nor is there positive government support. Curing / smoking / processing houses are few and far between. When a German friend cured some bacon at home local Dominicans were surprised.
S.
From: Dominican Republic, vieja Santo Domingo
I would be interested to know the potential markets,apart from steel that is mentioned, that are available for dominicans in the caribbean.I assume that it is fabricated steel that is mentioned above unless there are hidden iron ore mines somewhere here.
Yes, I do agree with Dreadlocks that it is very hard to get meaningful information from any authority here and you have to look at every press release to see if it tallys up with previous statements. The british caribbean is very different to here in the DR and I am sure they do not hold us in awe.However,there are 2 countries in the British Commonwealth that do not have a british background and if the DR was number 3 ,we would be better placed economically .in the sporting field and in terms of being with more honest countries than in the latin movement .
Actually ,most of the DR population have blood lines from Ghanaand Nigeria and other former british colonies...we would also play cricket !!!
Written by: xwill7, 7 Dec 2009 4:00 PM
From: United States, El cuarto bate
abc,
stop comparing china and german issues to DR issues... They are all different animanls...
From: United States
Mr leonel should sign a free trade agreement with south america or join south america union that our future , To join central america union or caribbean union it a waste a time because no money in those two union.
From: United States
junior, maybe you could take time out to clarify your statement that the DR should eschew the latin american and caribbean areas, because there is , in your words, no money there. really, junior? and who imparted this insight unto you? you mean there is no money in Costa Rica? and Trinidad? and the Bahamas? might you indulge me by citing your sources of such knowledge? secondly, anyone who knows even the most basic aspects of international trade are aware of the fact that countries who are basically equivalent in terms of their economies benefit far better from trade than countries with a great imbalance. should you not realise this, give DR-CAFT a few more years and it will be glaringly obvious to you.
Written by: abc200, 8 Dec 2009 12:49 PM
From: United Kingdom, Dominican Republic
Stop xw I like Chinese bacon and smoked duck - a pig is a pig is a pig is a pig...... Only the US destroys the basic nature of this animal and trades in pork bellies. Hog off the Chinese have got it right - the pig should be protected by price controls . Some posters should go belly up!
The proportion of frozen bellies has dropped right off.
S.
From: Dominican Republic, No Spin Zone
stay clear of these faux British Types who try to put on airs from BWI /Caricom usually they are a bunch of phony losers and freeloaders .....stick with the Gringos and the Latinos they have much more integrity and class
From: United States
Mr dreadlocks, how can you compare all the caribbean and central america with south america ,south america is rich with black water, only brasil and venezuela has more money then central america and all the caribbean island combine.
From: Dominican Republic, No Spin Zone
junior 777 there are islands and then there are fly specks like five to five hundred
From: United States
JUNIOR, what does comparison with latin america have to do with anything? who cares how much money venezuela and brasil have? what if they do have more than all the central american countries combined? how does that effect the DR? did you read what i said about asymmetrical trading relationships? if not, go read the post again.
From: Dominican Republic, No Spin Zone
junior dont be bullied by the Trojan Horse from Caricom
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Boot out all the blood sucking corrupt scum.
If tourism is your #1 revenue why stick us with those broken down ‘taxis’?
The DR-CAFTA eliminated import duty on cars, why would you stifle new car imports with a 17% first registration fee.
Dominicans can not survive without cheating someone, even themselves.
Seems other countries cannot be bothered to compete. Is this a good deal for DR - yes - and shouid the DR import more Chinese goods possibly yes. Freezers in local stores already come from China, many clothes, shoes etc. DR could become a service oriented economy running, for example running call centers and medical clinics / surgery units for the US market. Containers of course have to make their way back to China - maybe filled with rum.
S.
http://www.dailymail.co.uk/tvshow....ife-priest-Croxteth.html?ITO=1490
Small plot farming is the mainstay of Chines agriculture.
http://www.chinadaily.com.cn/30years/2008-10/28/content_7147686.htm
http://www.forbes.com/2008/10/21/....22meredith.html?partner=yahoobuzz
Countries like the DR need export taxes on food, more production from the small farm sector by setting up more farms and better co-ordingation. This will make every dollar earned by individuals go further and increase prosperity.
http://www.chinadaily.com.cn/bizchina/2009-04/20/content_7693645.htm
Vast palm oil plantatio
S.
S.
Yes, I do agree with Dreadlocks that it is very hard to get meaningful information from any authority here and you have to look at every press release to see if it tallys up with previous statements. The british caribbean is very different to here in the DR and I am sure they do not hold us in awe.However,there are 2 countries in the British Commonwealth that do not have a british background and if the DR was number 3 ,we would be better placed economically .in the sporting field and in terms of being with more honest countries than in the latin movement .
Actually ,most of the DR population have blood lines from Ghanaand Nigeria and other former british colonies...we would also play cricket !!!
stop comparing china and german issues to DR issues... They are all different animanls...
The proportion of frozen bellies has dropped right off.
S.