Japan don't have Haiti and government corruptions holding them back, they are more dedicated and educated, they don't hang in clubs listening to bachata or prostituting or hanging around resorts waiting on defenseless tourists to scam, and they definately won't be intimidated or manipulated by the USA. Intelectually, you cant compare a Jap and a Dom.capodominicano said:Is it so bad the exclusion of DR from the agreement? How will this hurt the Dominican government & people? Is 25% tax something really to fuss about?
That's what I'm asking myself, I sort of like the fact the DR is not in the trade agreement, it'll cost jobs & some will suffer but the DR should learn to pay for it's mistakes & not ask for handouts to big brother.
What I don't like about the exclument is that the DR is one of Americas closiet friends & to think hippo sent those troops to Iraq, put (somewhat) innocent Dominican lives in harm, one of the first countries to back the US & still do.
The DR should start to awake & start creating new friends/connections with Asian, Oceanic, Middle Eastern & other Euro countries if they want to enter the world economic stage. The US is not the only country in the world, DR can make any free trade agreement with anybody; Mexico, Brazil, Canada, etc.
Little countries can be major players in world economics just look at Japan, Britan, Spain, etc. By the way I keep thinking how in the world did Japan bounce back so strong since WW2, it's just will be 60yrs since the war & this little country is becoming very powerful. What happened there (economically) that didn't happen in DR, Japan was almost completely destroyed by the Atomic bomb & numerous sumami's, the DR hasn't had a war since (ever), numerous hurricanes (just as japan) but is dirt poor, my young mind just doesn't get it! How 1 country with many natural resources, tourism, etc is poor & another with limited resources, some tourism & alot of technology is a semi-power house. Not trying to hijack the thread just comparing 2 countries.
Peace,
Capo
Mr_DR said:Japan don't have Haiti and government corruptions holding them back, they are more dedicated and educated, they don't hang in clubs listening to bachata or prostituting or hanging around resorts waiting on defenseless tourists to scam, and they definately won't be intimidated or manipulated by the USA. Intelectually, you cant compare a Jap and a Dom.
liam1 said:how's haiti holding the DR back? it would be like saying that mexico is holding US back.
Actually, Costa Rica is a signatory to CAFTA, as are El Salvador, Honduras, Guatemala & Nicaragua. These countries are the DR's rivals for many products in the US market, so the DR's exclusion from CAFTA indeed will affect its exports to that market.mountainannie said:It's hard to compare the DR to Japan say or a nation with a long economic history - since this one has only been independent for a short while. Best to try to compare it to smaller nations in this hemisphere - Costa Rica might be a shining example. Don't think that they are a CAFTA signee, are they?
annie
mountainannie said:Will this mean that the factories in the Free trade zones will close? If CAFTA is not approved? I know that they provide a lot of jobs - does anyone know how many? I had also heard that they have 10 hour work days, is that true?
annie