2008News

Nationality issues

Another controversial measure in the proposed constitutional reform that is certain to generate heated debate in Congress focuses on Dominican nationality issues. The reform proposed by President Leonel Fernandez would grant Dominican nationality to people born here, but with new exceptions. Offspring of foreign services personnel, or foreigners in transit or illegally residing here would …
2008News

Haiti and DR sign agreement

Dominican Environment Minister Jaime David Fernandez and Haitian Environmental Minister Jean Marie Claude Germaine have signed an environmental cooperation agreement with a focus on border areas. The agreement seeks to strengthen relations between the neighboring nations, as well as promoting collective environmental awareness of the sustainability of natural resources. The agreement will support reforestation through …
2008News

Rates are transitory

Central Bank president Hector Valdez Albizu met with commercial banks yesterday to discuss the effect of rising interest rates on banks’ portfolio. He said that borrower delinquency between January and August of this year was at 4.1%, which is similar to averages between December 2006 and August 2008.
2008News

Easing fears on EPA

Caribbean Regional Negotiating Machinery (CRNM) Director General Henry Gill is in the DR today speaking on the much-debated Economic Partnership Agreement between the European Union and Cariforum (the Dominican Republic and Caricom). Gill, a key figure in the negotiation process, highlighted the innovative nature of the agreement and detailed how criticisms of the agreement have …
2008News

DR does well re EPA

According to Caribbean Regional Negotiating Machinery (CRNM) Director General Henry Gill and regional observers alike, the DR was extremely efficient in the EPA negotiating process. The country was a willing participant in the process and made many more concessions at key points during the negotiation process. Gill commented that the DR had liberalized 5% of …