Congress has passed the bill to merge the Dominican Center for the Promotion of Exports (Cedopex) with the Office for the Promotion of Investments. The new office will be known as the Center for Exports and Investment of the Dominican Republic (CEI-RD). The legislation grants ministerial rank to the director of the new decentralized body, which will oversee the promotion of exports and endeavor to attract new investments. The main objective of the body will be to generate hard currency for the country. Danilo del Rosario, as head of the new Center for Export and Investment of the Dominican Republic, says the institution will be a model for the times.