SANTO DOMINGO.- Foreign Relations minister Carlos Morales said in Barbados Friday that Dominican Republic will sign the Economic Association Agreement (AAE) at the beginning of October.
Except for Guyana’s, the Heads of State unanimously reiterated their intention to sign the agreement as negotiated, and scheduled October 15, "without any new changes, because the Caribbean’s credibility in Europe is at steak," said St. Vincent & the Grenadines prime minister Ralph Gonzalves in the meeting.
However Morales said since approval by Congress would take at least one month, signing the deal on October 15 doesn’t leave enough time for it to take effect in his country before October 31. "We’ve already had three postponements in the signature for the Economic Association Agreement. We recognize your concern but any practical solution will have to be sought only after the accord is signed."
He said his country’s exporters ship bananas, rum, tobacco, cacao and textiles to Europe more than ever . “For that reason they need the legal security of an agreement compatible with the WTO (World Trade Organization). It’s not possible to further delay this proceeding and expose ourselves to new disputes in that organism in Geneva."
Attending the meeting in Barbados were the primer ministers of Barbados, David Thompson; of Dominica, Roosevelt Skerrit; of Grenada, Tillman Thomas; of Jamaica, Bruce Golding, and Guyana president Bharrat Jagdeo, among others.
Written by: josean, 12 Sep 2008 3:05 PM
From: United States
Sure why not, DRCAFAT has worked so well for the Dominican people!
Written by: Belial, 12 Sep 2008 3:06 PM
From: United States, Texas
Written by: juanb, 12 Sep 2008 3:53 PM
From: Dominican Republic
Maybe now each minister can afford to hire more than the measly ELEVEN asst. ministers that each minister currently has.
Also maybe now all the defunct departments like the Sugar Council, which at this point serves no purpose whatsoever, can get the well deserved wage increases that they don't work for.
Written by: josean, 12 Sep 2008 6:04 PM
From: United States
Maybe this agreement will be as effective as this one:
Source DR1
Deficit with US grows
The trade deficit between the US and the DR was at US$1.6 billion for the first seven months of year. The continued deficit in trade (when imports are higher than exports) is raising concerns about the DR-CAFTA agreement and its benefits for the DR. Critics say that these numbers contradict trends for other Latin American nations, which have shown a surplus in trade with the US during the same period. The rate at which the deficit is growing is also causing deep concern. During the first seven months of the year the deficit grew by 83.7%. For the same period in 2007 the deficit was only US$863 million.
Continued:
Written by: josean, 12 Sep 2008 6:06 PM
From: United States
According to Hoy, there was a 19.5% increase in the value of imports, from US$3.3 billion to US$3.94 billion and a reduction in the value of exports, which went from US$2.431 billion to US$3.4 billion. Since DR-CAFTA went into effect in March 2007, a US$3.14 billion trade deficit has been accumulated over the 17-month period.
Hoy economic reporter Luis H. Vargas writes that economic policies in place have increased domestic costs making exports more expensive, at a time when the cost of imports has declined.
Vargas quotes a study by the US Commerce Department indicating the value of DR export values slipped from US$2.43 billion to US$2.35 billion. This downward trend dates to 2006 when export values dropped from US$4.53 billion in 2006 to US$4.21 billion in 2007. Meanwhile imports have increased at a faster pace. Vargas says that imports were valued at US$3.29 billion between January-July 2007 and grew to US$3.98 billion for the same period in 2008.
Continued:
Written by: josean, 12 Sep 2008 6:07 PM
From: United States
This compared to the previous year increases, when imports increased from US$5.35 billion in 2006 to US$6.08 billion in 2007.
Eh Pa Lante que Vamos!
Written by: Jander, 12 Sep 2008 6:43 PM
From: Dominican Republic
There is a saying "if you throw enough crap against the wall something is bound to stick"
So DRCafta hasn't produced the "instant gratification" that the Dominicans so desperatly need.. The idea that Europe even would consider a deal with the DR is beyond anything reasonable. But I have to think there are lot more intelligent people makling these decsions then us.
Give it some time oil is cheaper everyone is back from their summer vacations and the US has an election coming up. No one is making any huge deals right now. Take what you can get.
Written by: josean, 12 Sep 2008 7:51 PM
From: United States
Jander,
So now newspaper articles refering to US agencies are crap!
"Vargas quotes a study by the US Commerce Department"
You state:
"But I have to think there are lot more intelligent people makling these decsions then us."
So why haven't these "intelligent people" at least improved the educational system, which appears to a very doable thing?
Written by: Jander, 12 Sep 2008 9:02 PM
From: Dominican Republic
Whoever "coined the phrase" "dropped a dime "is rich person in theory on this one.
It may trickle or up or down here in the DR but more then likely it will be heads rolling literally within the cartel.
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
Who cares about those other Caricom sand bars and their bananas
Written by: buenoha, 13 Sep 2008 5:22 AM
From: Dominican Republic, Santo Domingo
Good news, good news!!! Make sure cars and high added value products like pc's etc are part of the deal, so that when DR starts producing those, they can access those markets freely!
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
Good news, good news!!! Make sure cars and high added value products like pc's etc are part of the deal, so that when DR starts producing those, they can access those markets freely! "......................START WITH WHEELBARROWS........and the others Who cares about those other Caricom sand bars and their bananas
Written by: Trujillo, 13 Sep 2008 12:18 PM
From: Dominican Republic
Way better than the "ALBA" alternative crap. So wake up and become part of the real world instead of whinning about DRCAFTA be more productive, competitive and export more. Business is not for p*ssies and your mum won't be there to breast feed you.
Written by: josean, 13 Sep 2008 12:38 PM
From: United States
One runner is placed two inches from the finishline the other in the parking lot behind the starting line and the crowd howlers:
"Business (running) is not for p*ssies and your mum won't be there to breast feed you." "be more (edited), competitive!
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
thank you El Jefe josean is always trying to stir the pot..he is a s--it stirrer
Written by: josean, 13 Sep 2008 12:58 PM
From: United States
Don't attack the messenger cause you can not refute the message!
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
your message is no message just the same old horse shit
Written by: josean, 14 Sep 2008 2:12 AM
From: United States
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
A well known kook from the lunatic fringe....is this how you pass your time on the grassy knoll josean?
Written by: josean, 14 Sep 2008 8:21 AM
From: United States
Your confusing her with Sharah, I speak in tongues and wants indepence for Alaska, Palin.
Written by: josean, 14 Sep 2008 8:35 AM
From: United States
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
the Pope this one and in particular the previous one new about the damage of materialism to the human spirit and spoke of it eloquently.....that is why Brittanny and P Diddy and Sean Penn are voting for the Obamanable snow job those hollywood types really know about consumerism
Written by: josean, 14 Sep 2008 12:11 PM
From: United States
And Daddy Yankee, Chuck Norris and The ROYAL KNIGHTS OF THE KLU KLUX KLAN are voting for Mc Cain!!!!!!!!!!
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
Chu Norry......at least the DR joined before the Caricom sandbars and their bananas
Written by: josean, 14 Sep 2008 9:58 PM
From: United States
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
Sayonara
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
adios
Written by: Trujillo, 20 Sep 2008 5:04 PM
From: Dominican Republic
The only "finishline" would be that bullet hitting the runner between the eyes.
Smaller
Bigger
Close Gallery
Digg this
del.icio.us
Technorati
Yahoo
http://www.caribbeannetnews.com/news-10634--13-13--.html
But the slaves want to get back on the plantation.
They love their mother countries.
Also maybe now all the defunct departments like the Sugar Council, which at this point serves no purpose whatsoever, can get the well deserved wage increases that they don't work for.
Source DR1
Deficit with US grows
The trade deficit between the US and the DR was at US$1.6 billion for the first seven months of year. The continued deficit in trade (when imports are higher than exports) is raising concerns about the DR-CAFTA agreement and its benefits for the DR. Critics say that these numbers contradict trends for other Latin American nations, which have shown a surplus in trade with the US during the same period. The rate at which the deficit is growing is also causing deep concern. During the first seven months of the year the deficit grew by 83.7%. For the same period in 2007 the deficit was only US$863 million.
Continued:
Hoy economic reporter Luis H. Vargas writes that economic policies in place have increased domestic costs making exports more expensive, at a time when the cost of imports has declined.
Vargas quotes a study by the US Commerce Department indicating the value of DR export values slipped from US$2.43 billion to US$2.35 billion. This downward trend dates to 2006 when export values dropped from US$4.53 billion in 2006 to US$4.21 billion in 2007. Meanwhile imports have increased at a faster pace. Vargas says that imports were valued at US$3.29 billion between January-July 2007 and grew to US$3.98 billion for the same period in 2008.
Continued:
Eh Pa Lante que Vamos!
So DRCafta hasn't produced the "instant gratification" that the Dominicans so desperatly need.. The idea that Europe even would consider a deal with the DR is beyond anything reasonable. But I have to think there are lot more intelligent people makling these decsions then us.
Give it some time oil is cheaper everyone is back from their summer vacations and the US has an election coming up. No one is making any huge deals right now. Take what you can get.
So now newspaper articles refering to US agencies are crap!
"Vargas quotes a study by the US Commerce Department"
You state:
"But I have to think there are lot more intelligent people makling these decsions then us."
So why haven't these "intelligent people" at least improved the educational system, which appears to a very doable thing?
It may trickle or up or down here in the DR but more then likely it will be heads rolling literally within the cartel.
"Business (running) is not for p*ssies and your mum won't be there to breast feed you." "be more (edited), competitive!
Now here is a Canadian whose message is worth listening to:
http://en.wikipedia.org/wiki/Naomi_Klein
You think Lie-onel is practicing the Shock Doctrine on DR?
http://www.naomiklein.org/main
http://www.naomiklein.org/video-audio
http://www.charlierose.com/guests/naomi-klein
http://www.naomiklein.org/shock-doctrine/materiales-espanol
"condemns love of money, power"
http://www.breitbart.com/article.php?id=D935QAJ80&show_article=1
http://www.reuters.com/article/reutersEdge/idUSN1341059120080914