Weekly Report - 12 July 2005
Tracking Trends
DOMINICAN REPUBLIC | Fears for future of textiles. The association of textile manufacturers of Cibao, in the north of the country, predicts that, barring a radical change in current conditions, the Dominican textile industry will be unable to compete within Cafta-DR. It notes that while Dominican textile workers earn US$250 a month, their Central American peers are paid US$118 on average. Similarly, while Dominican textile firms pay US$0.26 per kilowatt of electricity, the cost in Central America averages US$0.05.
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