Printer Friendly

Accord with China.

ACCORD WITH CHINA. The general administrator of the Banco de Reservas, Enrique Ramirez Paniagua, said that the governmental bank signed a series of financial cooperation agreements with public and private banks in the People's Republic of China, reports diariolibre.com (May 27, 2014). He added that these agreements would lead to better connections between both countries, especially in the import and export sectors and for companies engaged in bilateral business, adding that transnational payments in the Chinese currency, the yuan, would also be easier and that the Chinese were interested in Dominican products, especially cigars, tobacco, coffee, ginger, rum and cocoa.
COPYRIGHT 2014 Caribbean Update, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2014 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:DOMINICAN REPUBLIC
Publication:Caribbean Update
Geographic Code:9CHIN
Date:Jul 1, 2014
Words:101
Previous Article:IDB loan for electricity grid.
Next Article:Mango exports.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters