Delegates Discuss DR-CAFTA Challenges

Temístocles Montás, technical secretary of the presidency of the Dominican Republic, addressed the challenges and opportunities facing his country and the other signatories of the DR-CAFTA free trade agreement as the keynote speaker at the first annual LatinFinance Dominican Republic-Central America conference. More than 300 delegates from the public and private sectors, as well as NGOs and multilateral banks gathered at the new Hilton hotel in Santo Domingo to discuss the opportunities and challenges afforded by the region’s nascent but evolving capital markets, the importance of a good business environment to capitalize on increased trade flows, the struggle to lower remittance costs and expand cross-border consumer finance, and the challenges faced in the energy and tourism sectors.