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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 (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.
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Publication:Caribbean Update
Geographic Code:9CHIN
Date:Jul 1, 2014
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