In the Dominican Republic, avocado and bananas are the crops with the highest growth potential, because of the behavior of global demand.
The National Competitiveness Council of the Dominican Republic and the Inter-American Development Bank (IDB) presented the "Study and Diagnosis of Agricultural Chains" in which the analysis of ten value chains was carried out for agricultural products such as: avocado, cocoa, banana, coconut, mango, pineapple, greenhouse vegetables, oriental vegetables, chinola and cassava.
The Senate has approved a loan agreement signed between the country and the Inter-American Development Bank, and the funds will be used for the Sustainable Agroforestry Development program.
The Senate of the Dominican Republic has reported that the resources will be used to finance the Sustainable Agroforestry Development program which will be executed by the Executing Technical Unit of Projects at the Agroforestry Development of the Presidency of the Republic (UTPDA) and the Ministry of Public Works and Communications.This initiative was sent by the Executive Power.
On 25 and 26 July 150 regional suppliers to the food sector will present their products to more than 50 buyers from North America, Europe and Asia.
From a statement by the Inter-American Development Bank:
LAC Flavors 2013: a Business Conference, to be held in Granada, Nicaragua, on the 25th and 26th July 2013, is being organized by the Official Agency for Investment Promotion and Export (PRONicaragua), the Superior Council of Private Enterprise (COSEP) of Nicaragua and the Inter-American Development Bank (IDB) via the Trade and Investment Unit (TIU) of the Integration and Trade Sector (INT) and the Department of Central America (CID) Mexico, Panama and the Dominican Republic, through its Mesoamerica Project.
The preliminary results have been released from a feasibility study on the development of a Short Sea Shipping service in Mesoamerica.
As part of this project, a feasibility study was conducted over the last 12 months, which assessed the movement of cargo from ports with international traffic in the 49 countries that make up the Mesoamerican block (Mexico, Guatemala, Belize, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, Colombia and the Dominican Republic).
As in Panama, there are hundreds of millions of untapped dollars in loans that were obtained to prevent illiquidity in the Costa Rican banking system.
The government of Costa Rica rejected the loan for $500 million that the Inter-American Development Bank (IADB) had granted at the end of 2008 and for which the approval by the Legislative Assembly had already been obtained.
Profitability drops as asset liquidity increases, but liquidity is what ensures the life of the banking business and their customers' money.
Panamanian banks have not used the extra funds that the financial incentive program (PEF) made available to them in order to stimulate lending. In addition, it must be considered that said funds are very expensive, and they have simply not been needed.
"We can overcome the challenges we share with a sense of unity ... or we can continue with the hackneyed debates of the past."
The president of United States wrote this column for Grupo de Diarios América, which includes some of the most important newspapers in the region.
In the lobby of the 5th Summit of the Americas, Obama sent a message of renewal in the form of relations with the rest of the American nations, emphasizing the need to stop looking to the past and start betting on the future.
In good times, multilateral lending agencies do not have too many customers. In times of crisis, everyone needs them.
To continue to grow and not stagnate, Latin America needs foreign investment in an amount ranging from 5% to 6% of the GDP in the region. It is $200 billion, a figure too large for the current scope of these credit institutions.
Rodrigo Lara Serrano pointed out in his article published in Americaeconomia.com that "multilateral bankers are going through times of plenty. ‘Everyone is knocking on the door and asking for money,’ said a source who asked to remain anonymous. Normally entities must search for good projects. 'Now we choose the projects, although this is delicate: How do you compare things when everyone says that their needs are of vital importance?'"