President Leonel Fernandez said yesterday that in addition to flexible
\n and reduced interest rates, the DR would be able to pay its oil bill
\n with Venezuela not only in cash but also with goods and services, as
\n part of the Petro-Caribbean agreement signed Wednesday in that
\n country. This includes agricultural products and represents relief
\n for the country affected by rising petroleum prices. The agreement
\n also eliminates the payment of intermediaries that make more costly
\n the transport of oil. From now on, fuel supplies from Venezuela will
\n arrive on board Petro-Caribbean ships which will only charge the cost
\n of freight. Fernandez said the opportunities for the purchase of
\n petroleum offered by the government of Venezuela were a very noble and
\n generous reaction to the problem.<\/p>\n","protected":false},"excerpt":{"rendered":"
President Leonel Fernandez said yesterday that in addition to flexible and reduced interest rates, the DR would be able to pay its oil bill with Venezuela not only in cash but also with goods and services, as part of the Petro-Caribbean agreement signed Wednesday in that country. This includes agricultural products and represents relief for … <\/p>\n