The modifications to the original trade agreement will boost by up to $40 million growth in exports from the Dominican Republic to Panama.
According to the Executive Secretary of the National Trade Negotiations Committee (CNNC), Luis Omar Fernandez this will allow the Dominican Republic, to increase by 60% its exports in the next few years, by an amount estimated at $40 million, as in 2012 they reached an estimated value of $25 million, with the most important products being steel and iron, plastics, pharmaceuticals, coffee and other industrial goods and foodstuffs.
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