The Dominican Republic will have to negotiate with the United States, Spain and Japan over the arrears it is carrying with the Paris Club. According to El Caribe, the Dominican economic team will have to go face-to-face with the representatives of these countries to try and arrange a payment schedule. According to the data from the Central Bank, debt service for the Dominican Republic represented US$288.21 million as of 30 June of this year, 80% of which was bilateral. Regarding the creditor nations, the late payment problem affects 67% of the total bilateral debt. The United States is owed US$113 million, Spain, US$55 million, Japan, US$26 million and Germany, US$11 million. Last April, the Dominican Republic renegotiated the debt it carried with the Paris Club for the years 2003 and 2004, and the agreement covered a total of US$193 million. In order for the arrangement to take effect, the country had to renegotiate US$100 million in private debt on terms equal to those given by the Paris Club. After these talks were concluded, the DR was late in paying the debt service of US$40 million, and this has provided an obstacle in accessing Paris Club facilities.