McClintock highlights strengths
Puerto Rican Secretary of State Kenneth McClintock highlighted the potential of the strategic alliance between Puerto Rico and the DR re-launched during President Leonel Fernandez’s visit to Puerto Rico, during his talk at the American Chamber of Commerce. He stressed that Puerto Rico has the advantage of being part of the US Customs Zone, which gives it access to markets of countries with which the US has free trade agreements. He said that Puerto Rico is the DR’s second largest trading partner with the DR after the US.
He feels that by working together, the countries can successfully compete against Asia for US apparel contract work. He favors retaking the twin plant concept that was successful under the Caribbean Basin Initiative one step forward. He said that geography was the essence of the agreement. He says that in today’s world products are produced in different countries and geography makes [...]
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