2005 – Page 120

United States President George W. Bush has signed into law the DR-CAFTA Trade Agreement Implementation Act creating a free trade area that includes five Central American nations and the Dominican Republic. In his comments, Bush congratulated the United States Trade Representatives, Robert Zoellick and Robert Portman for their efforts, and praised effusively the representatives of …

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The surprise meeting between President Leonel Fern?ndez and former President Hip?lito Mej?a at Monsignor Agripino N??ez Collado’s house, smoothes the path for the passage of the proposed tax reform and the DR-CAFTA agreement by the National Congress. The get-together also lowers the escalating tension between the government and the PRD. The mini-summit occurred just as …

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The recently elected secretary general and the official spokesperson of the PRD in the Chamber of Deputies have come out and said that Hip?lito Mej?a cannot make deals on behalf of the party. Orlando Jorge Mera and Ram?n Agramonte warned that only the party’s internal mechanisms could establish the PRD’s position on the FTA and …

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The National Council of Business (CONEP) is putting conditions on its further participation in the technical group that is studying tax reform, as part of the National Dialogue. Tax reform discussions are being held for the government to develop new funds sources to compensate for customs taxes that will be eliminated with the passing of …

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Economist Manuel Robles, who works for the Caribbean Center for Economic Research, has come out in support of a proposal that would permit the Customs Office to collect the new tax proposed by the Government, and that the tax could be applied to the Income Tax. Robles also supported the idea first aired by the …

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Radham?s Segura, the administrator of the CDEEE, the government’s electricity companies, has told reporters that the power generating companies are not capable of installing "one more kilo" of output. He also said that demand for electricity will grow by 400 megawatts over the next two and a half years, and with the ever-increasing oil prices …

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In spite of a huge publicity campaign, more than 100,000 vehicles have yet to purchase their license renewal stickers. The Metropolitan Transport Authority has announced that, as from tomorrow, vehicles that do not display their renewal stickers will be towed away. With many kiosks located in the principal commercial establishments around the city, plus Internet …

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The maintenance worker arrested by the police, Nilsom Lemos J?quez has confessed to participating in the rape and murder of a Bulgarian-American UNIBE student last Saturday. Emilia C Gradeteka was killed in her apartment in Residencial Mildred, located on Roberto Pastoriza Street in Santo Domingo. According to police accounts reported in Diario Libre, Lemos J?quez …

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Central Bank governor Hector Valdez Albizu revealed yesterday that the country’s GNP grew by 5.8% during the first six months of 2005, exceeding the expectations of the International Monetary Fund (IMF). This dynamic economic growth is being attributed to the private sector and is expressed in the 54% increase in imports of consumer goods, 34% …

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The Customs Department officially opens today with a 7 pm ceremony at its new headquarters on Abraham Lincoln Avenue. President Leonel Fernandez will be attending. The main speaker will be Finance Minister Vicente Bengoa, opening words will be by Customs Director Miguel Cocco. Msgr. Nicolas de Jesus Cardinal Lopez Rodriguez will bless the new site. …

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