The general administrator of the Banco de Reservas, Enrique Ramirez Paniagua, has announced that the governmental bank has signed a series of financial cooperation agreements with public and private banks in the People’s Republic of China.
Ramirez Paniagua declared that these agreements would lead to better connections between both countries, especially in the import and export sectors and for companies engaged in bilateral business.
He went on to say that transnational payments in the Chinese currency, the yuan, would also be easier and that the Chinese were interested in Dominican products, especially cigars, tobacco, coffee, ginger, rum and cocoa.
www.diariolibre.com/economia/2014/05/27/i628511_banreservas-firma-acuerdos-cooperacin-financiera-inversin-con-china.html