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fDi Editor | 07/06/2005 12:00 am

The DR-CAFTA trade deal should bring both tangible and intangible benefits to the Dominican Republic – that is, if and when it goes into effect. The country is anxiously anticipating the nod from Washington, reports Courtney Fingar.

The Dominican business community seems to have given its tentative blessing to the Leonel Fernández administration and looks willing to be patient as he works to make the country and its businesses more competitive. But they are patient only up to a point.

“I feel the president has a good vision for the country and should be able to improve its international image. Macroeconomic stability is in place, which has got to give investors confidence in the market,” says Circe Almanzar, executive vice-president of Asociacion de Industrias de la Republica Dominicana (AIRD), a group that represents foreign and domestic companies in the industrial sector.

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