The Ministry of Foreign Relations reports that Minister Miguel Vargas met in Paris with his French counterpart, Jean Marc Ayrault, and requested an increase in the line of credit from the France Development Agency for the Dominican Republic. Vargas said the credit vouchers would back companies doing business in energy and water, as well as micro and small business.
The Ministry reported that the ministers discussed the possibility of France cooperating with Haiti through a three-party agreement that would include the Dominican Republic. Also discussed was the signing of a cooperation agreement for economic matters with the French Antilles. Talks also focused on the negotiations of the Cotonu agreement that includes the Dominican Republic, as part of the Africa, Caribbean and Pacific block of nations that fosters cooperation between these countries and the European Union.
French and Dominican cooperation programs were discussed and included a request by Vargas to implement programs to increase the sale of Dominican exports into France.
Other topics discussed included an agreement in which the spouses of diplomats would be authorized to work in both countries.
The Ministry says that at the end of the meeting with Ayrault, Vargas met with French entrepreneurs of companies doing business in the Dominican Republic. Vargas offered his full support to these businesses, including Akuo Energy that presented a project for the construction of a generation plant with capacity for 100MW. Akuo has a concession for wind energy in Montecristi for US$140 million.
Marc de Lataillade of the Total Group expressed interest in his company continuing to diversity its investments into solar and other renewable energies.
Julien Rayssiguier, of the hydraulic division of Vinci Construction expressed interest in developing projects in the construction of hydraulic civil energy constructions.
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Ministry of Foreign Relationsd
