Banner

Archive for the ‘Latest News’ Category

DR most important Partner US where is Europe?

Icon Written by admin on February 19, 2011 – 8:02 pm

The Dominican Republic's most important trading partner is the United States (for nearly 60% of export). Other markets include Canada, Western Europe, and Japan. The country exports free-trade-zone manufactured products (garments, medical devices, etc.) The Dominican Republic has the second largest economy in the Caribbean and Central American region. It is an upper middle-income a [...]



Obama speaks highly of Dominican contributions in US

Icon Written by admin on February 19, 2011 – 7:48 pm

WASHINGTON. President Leonel Fernandez met in 12 July 2010 with his counterpart from the United States, Barack Obama, in the Oval Office of the White House where the American president spoke highly of the contributions of by the Dominican community to the United States. Obama interested in DR becoming regional center of clean energy " [...]



Sun Group will install a 500 MW plant in the DR

Icon Written by admin on February 8, 2011 – 9:21 pm

NEW DELHI. The Dominican government, through the Dominican Corporation of State-owned Electricity Enterprises (CDEEE), signed an agreement with the Indian company Sun Group for the installation of a 500 megawatt generator in the country, with the idea of strengthening the national electric system. With the presence of President Leonel Fernandez, the agreement was signed in [...]



Merkel seeks pact to protect German investments in Dominican Republic

Icon Written by CMK on December 27, 2010 – 2:46 pm

Berlin 5.July 2010. – Chancellor Angela Merkel proposed an agreement to president Leonel Fernandez in Berlin today, to mutually protect investors from both countries, and given the recent complaints by European Union ambassadors who say the Caribbean nation lags behind in providing legal security to foreigners seeking to set up shop here. Fernandez, who began [...]