2001News

Business Council clarifies support of peso devaluation

The National Council of Private Business (Conep) clarified its position on the devaluation of the peso. The press reported yesterday that the president of Conep supports the World Bank’s position that the peso be devaluated to RD$20 = US$1. Conep’s statement says that does not represent the official position of the organization. Conep admits, nevertheless, …
2001News

DR could become distribution center for South America

President Hipolito Mejia announced in Montevideo, Uruguay, that Chilean and Uruguayan companies could open manufacturing/distribution centers in the DR to export goods to Central America and the Caribbean. The companies would be taking advantage of the free trade agreements the DR has with its neighbors. President Mejia also mentioned a Chilean company that builds solar-powered …
2001News

President Mejia opposes unilateral constitutional reform

The President also said in Chile that a Senate bill for constitutional reform would not pass without the consensus of political parties and civic society. The document is expected to be on today’s congressional agenda, regardless of the President’s opinion. Prior to leaving for South America, the President had received the conclusions of a constitution …
2001News

Minister of Environment does not object to venues in Mirador del Este Park

Environment Minister Frank Moya Pons told a newspaper correspondent that his department does not object to the construction of sport venues in Mirador del Este Park. The construction is already far advanced. Moya Pons had not been available to comment when the construction started. Previously, he had expressed his opposition to the project on grounds …