US embassy cable - 05SANTODOMINGO4224

C O N F I D E N T I A L SANTO DOMINGO 004224 
 
SIPDIS 
 
DEPT FOR EAP/CM KAYE LEE, WHA/PCP JEFF BISCHOFF, AND 
HA/EPSC LAWRENCE GUMBINER; STATE PASS USTR FOR FREEMAN, 
WELLER, SHINER; 
USDOC FOR DAS LEVINE; STATE PASS EXIMBANK 
TREASURY FOR OASIA/INA DOHNER, KOEPKE; PARIS ALSO PASS 
USOECD 
 
E.O. 12958: DECL: 09/02/2015 
TAGS: ECON, ETRD, ETTC, PREL, EFIN, XM, DR, Banking 
SUBJECT: DOMINICAN REPUBLIC: CENTRAL BANK SAYS NO PRC 
INVESTMENT 
 
REF: A. BEIJING 13822 
     B. SANTO DOMINGO 04104 
 
Classified By: Classified By:  Economic Political Counselor Michael Mei 
gs 
Reasons:  1.4 (b) and (d) 
 
(C)  In contradiction to PRC statistics, officials from the 
Dominican Central Bank say that the People's Republic of 
China (PRC) has not invested in Dominican Republic outside of 
the Free Trade Zones.  U.S. Embassy Santo Domingo could not 
verify the 2003 USD 106 million that was listed in reftel A. 
Below is Dominican Central Bank table of PRC investment in 
the from the last three years.  These investments were 
located in FTZ. For more information please see ref B. 
 
2. (U)  Central Bank trade statistics follow: 
 
Country               2002        2003       2004*      Total 
PRC                    0.2          nil        2.6       2.8 
Taiwan                  nil         nil        nil       nil 
TOTAL                  0.2          nil        2.6        2.8 
 
 
*Preliminary data 
Denominations listed in USD millions 
HERTELL