DOMINICAN REPUBLIC: IMPLEMENTATION OF 2004 PARIS

UNCLAS SANTO DOMINGO 005985 SIPDIS DEPT FOR WHA/CAR, EB/IFD/OMA - FORSYTH; PARIS FOR TREASURY ATTACHE E.O. 12958: N/A TAGS: DR KTIA EFIN SUBJECT: DOMINICAN REPUBLIC: IMPLEMENTATION OF 2004 PARIS CLUB AGREEMENT REF: SECSTATE 233266 ¶1. The Ambassador delivered the draft text of the Paris Club rescheduling agreement, in English only, to Technical Secretary for the Dominican Presidency Temistocles Montas on SIPDIS October 28. Emboffs asked that Montas and his staff examine it and indicate whether any changes would be requested. ¶2. Montas informed Ambassador that under Dominican law the agreement will become effective after signature but only once the Dominican congress has formally approved the text. Montas does not foresee any significant delay between eventual signature and approval. Emboffs explained to him the timeline under U.S. law for entry into force. KUBISKE