Banana exports to fall.(DOMINICAN REPUBLIC)

Caribbean Update, February, 2008

Dominican banana producers will lose millions of dollars as they struggle to restore cultivated fields razed by tropical storms last year, an industry leader said., reports AP (Jan. 9, 2008). Roughly half of the country's 24,710 acres of banana plantations were destroyed during the 2007 hurricane season, causing US$27 million in losses, said Eddy Cabrera, president of the Dominican Association of Banana Producers.

He criticized the government for failing to deliver about US$12 million in aid it promised after Tropical Storm Olga barreled ...