Trade between signatory countries DR- CAFTA grow 7,9 % in 2007

Trade in goods between the countries of Central America, Dominican Republic and the United States, signatories of the North American Free Trade Agreement CAFTA (the acronym in English), increased by 7.9 percent in 2007, said today the Dominican Minister of Industry and Commerce, Melanio Paredes.

Wednesday, March 26, 2008

This increase was 9.5 in 2006, according to Paredes, who explained that the total value of exports and imports of goods between these countries "has maintained a steady expansion in recent years, as the total volume of both concepts happened to 31,935 million dollars in 2003 to 41,169 million in 2007.
The owner of Trade and Industry gave this information to deliver to the American Chamber of Commerce in Santo Domingo a conference on the results and prospects of the treaty one year after its entry into force in the Dominican Republic.
As for the trade of the countries signatories of CAFTA to the United States, maintained a steady growth in 2004 and 2005, with a positive balance ranged between 10.9 and 6.6 percent, while in 2006 and 2007 balance presented negative results of 5.6 and 19.5 percent.



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