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Old 10-25-2006, 10:47 AM
beatrice1979 beatrice1979 is offline
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Join Date: Oct 2006
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beatrice1979 Level 1 (10)
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Market Economy: I join to the questioning by the leaders of the Bolsa Agroempresarial to the lack of progress of this exchange. In my view, this is an excellent financing tool for the agricultural sector in the country.
Indeed. It is also my view that a well developed Bolsa Agroempresarial could be used as a promotional tool on the eve of the DR-CAFTA. The Bolsa, as other international commodities markets, has specific quality standards for the products traded in it as also guarantees fast and secure delivery of money and goods transactions. So that could be used as a bridge to trade internationally. Foreign companies may not be in the need to "know our producers" they may just want to purchase/sell dominican goods regardless of the company that produce them. An exchange guarantees quality and delivery of "dominican goods". That could attract investors that have little knowledge of "how to do business" the dominican way. Yes, I think it could be a great added value to boost trading internationally.

Quote:
Is it plausible that the Bolsa Agroempresarial merges with the Bolsa de Valores de la Rep. Dom.?
I am not quite sure if that could be factible. I reckon that traders at the Bolsa de Valores (8 companies, mostly bank-based) are not the same that trade at the Bolsa Agroempresarial (+25 traders, representatives of agricultural companies). Both systems are different (one electronic the other floor-based) as are the overall promotional strategies of both exchanges. I would rather prefer to develop each exchange separately and focus on different targets for each of them.
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