Executive Branch legal consultant, Cesar Pina Toribio, and the former president of the National Private Business Council, Celso Marranzini, agreed yesterday that the DR has a judicial situation that favors foreign investment, although they admitted that there was room for improvement. Pina Toribio referred to comments made by Spanish ambassador Almudena Mazarrasa Alvear, stating that they referred to situations in the recent past. The official stated that the protection of all rights has been strengthened during the current administration. Marranzini was surprised by the ambassador’s comments and pointed out that Spain has been one of the countries making the most lucrative investments in this country over the years. However, the businessman considered that laws and application of justice must be improved because there are many deficiencies.
El Caribe indicates that Mazarrasa had stated the country did not have judicial security and that this made it impossible to attract foreign investors.