Dominican Republic Dispatches Delegation to Venezuela for PetroCaribe Talks

Authorities in the Dominican Republic has sent out a governmental mission to Venezuela, headed by the country´s Secretary of Industry and Commerce and Dominican Ambassador to Venezuela Miguel Mejia, to tie up loose ends and smooth troubled waters over the PetroCaribe deal.

Secretary of the Presidency Danilo Medina said sectors linked to the fuel business had barred the execution of the PetroCaribe agreement. He said the DR had been on the point of firming up the deal, but now has to start from scratch.

The Dominican mission to Venezuela is also looking for an extension of the Caracas Accord that would guarantee crude supply to the Caribbean island nation at off-the-market preferential prices.