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Dominican Republic to host international conference on the economy
Real estate news By Dominican Today
15 January 2008, 11:50 AM
Santo Domingo.- This year’s most important business gathering will take place on February 21, where analysts of The Economist Intelligence Unit, the Dominican Government and senior executives of local and foreign companies will debate strategic topics for the country from a business and investment perspective. “After recovering from the 2003-2004 crisis the Dominican economy has experienced one of the region highest growth levels,” The Economist Intelligence Unit says, and asks if it could be sustained in the medium term.
It said measures have been adopted to reinforce government finances and the public debt /GDP ration is falling; prices and the type of exchange are stable, “which is helping to create a more attractive business climate,” with direct foreign investment expected to set a new record of US$1.4 billion this year, attracted to tourism, mining and communications.
“But with the beginning of DR-CAFTA in 2007 and the negotiation of other Free Trade Agreements, what’s being done to improve Dominican Republic’s international competitiveness, what are the opportunities and implications for businesses operating or looking to invest in Dominican Republic,” are among the questions the conference expects to answer.
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