“Furthermore, we import 36.5% of the iron and cast steel we consume from Ukraine,” Figueroa reported.
SANTO DOMINGO– “The Dominican Republic cannot feel distant or indifferent to the conflict between Russia and Ukraine, since we are a net importer of oil, natural gas, soybeans, sorghum, wheat, and corn, which will reflect immediate price increases,” declared Homero Figueroa, spokesperson and director of Government Strategy and Communication, today.
In a statement, he said that the Dominican government is working on the necessary measures to reduce the impact that Russia's attack on Ukraine will have on the local economy, and indicated that this is a moment that once again calls for the unity of the entire country.
That is why we ask political actors to act responsibly in managing the issue of prices; we ask the productive sectors to share the burden; and we ask citizens to trust that their authorities will do everything necessary to ensure the least possible disruption to everyone's lives. As always in the past, we will overcome this challenge and emerge stronger,” he explained.
He pointed out that every global event is also local and that the post-pandemic international inflation that affects us will now be more intense and longer lasting because of this conflict.
“Furthermore, we import 36.5% of the iron and cast steel we consume from Ukraine,” Figueroa reported.
He detailed that Russia had launched a military operation against Ukraine and that the Ukrainian government had asked the international community for help; and the Western powers reported that they would respond decisively to hold Russia accountable for a military action that will cause much human suffering.
“The harsh statements from all sides foreshadow a possible conflict that could be large-scale,”
