Fernandez at Fordham
According to President Leonel Fernandez, the recent financial crisis in the US has yet to negatively affect remittances to the DR. Fernandez says that in fact, remittances have increased. On average, 10% of the DR’s GDP is comprised of remittances. Speaking at a press conference at New York City’s Fordham University, Fernandez expressed the wish that the US crisis would be transient. Fernandez says the government has implemented measures that would curtail any possible effects. He called on the US to support the fight against illicit drug trafficking. “The DR is asking for increased cooperation from the US with training, information sharing, logistics and technology in order to fight drug trafficking more effectively.”
Speaking to a standing-room-only crowd, Fernandez said that he wanted Dominicans living abroad to feel connected to the DR’s future. “We don’t look at you as Dominicans living abroad. This is a fence of trans-nationalism. Geography [...]
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