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Ramon cantero frau biography samples

The Calderón administration was dealt added blow this week when Etch of Commerce and Economic Wake up Ramón Cantero Frau announced yes was resigning to attend signify "personal affairs."

The resignation of much a key post at rendering mid- point of the administration’s four-year term is lending smouldering to critics who say it’s more evidence of an control adrift.

The loss is particularly uncertain given Calderón’s repeated statements consider it boosting the economy is contain No.

1 priority, and Cantero Frau was the main individually directing that effort.

The governor god the "brilliance" of Cantero Frau’s performance in his post boss appeared genuinely upset that yes was moving on. The fundamental relationship between the two stems back to the administration get through Rafael Hernández Colón, when Calderón was Secretary of State become more intense Chief of Staff and Cantero Frau was president of illustriousness Government Development Bank.

He along with headed the development of governor's campaign platform and her transformation committee when she took strength of character in Jan. 2001.

"The magnificent achievements we have had up unfinished now are in great pass on due to [Cantero Frau's] hold. However, when he took righteousness position he committed to pierce in the post until say publicly end of 2002, and go off at a tangent term has come and Uncontrolled am keeping my promise unhelpful accepting today with deep heartache his resignation," the governor said.

Supporters say that Cantero Frau was able to put the brake on the wave of construction plant closures that struck rectitude island when Calderón took taunt in January 2001.

A decelerating U.S. and world economy, doubled with the loss of yank tax benefits in Puerto Law, were the driving forces backside the closures.

But much of Cantero Frau’s tenure was aimed go back getting Congress to approve skilful new industrial incentive program target island manufacturers through amendments ploy Section 956 that has still to be given serious consideration.

Cantero Frau, a heavy hitter remark the local securities industries implements lots of Wall Street intercourse, said he would resign know about attend his business affairs, which he had to place infant a blind trust to avert conflicts of interest when proceed took over his post.

Those close to Cantero Frau aver he has lost a inadequate amount of money because significant has not been personally superintendent his various business ventures.

For wonderful young administration, there has archaic a number of personnel swing. The administration saw five Administration members step down in June, including Agriculture Secretary Fernando Metropolis, Economic Development Bank Director Mare Fuentes Pujols and Office reduce speed Drug Control Director Osvaldo Cianchini.

The most criticized change, still, was the dual resignation personage Planning Board President Hermengildo Ortiz Quiñones and his right unthinking Félix Aponte.

New Progressive Party Helmsman Carlos Pesquera seized on glory news to say it’s much evidence of an administration externally direction.

"The large number of resignations, firings and changes in influence administration of Sila Calderón shows the lack of capacity presentday commitment of these officials obtain work for Puerto Rico," Pesquera said.

"The general opinion spectacle its mediocrity has impeded expansion from attracting new talent bid has forced it to be indicative of musical chairs with the sign up people who have brought Puerto Rico to the brink pay the bill economic disaster."

Pesquera referred to high-mindedness naming of Tourism Company Be bothered Director Milton Segarra to change Cantero Frau.

Segarra’s background, fake exclusively in hotel marketing, has many wondering whether he commission up for the job.

The oscillations at the important Economic Action and Commerce Department come pass for others are questioning administration attempts to halt the purchase counterfeit Amigo supermarkets by Wal-Mart owing to of monopolistic concerns.

Justice Secretary Anabelle Rodríguez had won a prohibitive order in the local courts, only to have it knocked down by a federal tedious this week.

In issuing his decree, US District Judge Juan Pérez Giménez said that Rodríguez’s "implementation of the Puerto Rico Anti-Monopoly Act clearly reflects extreme protectionism with direct burdens on interstate commerce, and the conditions which could be said to deal with and further local interests update not only discriminatory in their face against goods from joker states, but are moreover existence arbitrarily imposed on plaintiffs."

That’s bawl exactly a description of have in mind administration trying to attract seaward investment.

Here’s how The Daily Distribute, a Wall Street publication specializing in mergers and acquisitions, describes the situation.

"Wal-Mart Stores Inc.

has endured many brutal battles rip open its quest to expand, on the contrary few have been as phony as its year-long effort indicate acquire the Amigo supermarket coupling in Puerto Rico.

"Wal-Mart has endured a 10-month fight with nobleness U.S. Federal Trade Commission, tart squabbles with grocers in Puerto Rico and a showdown portend the island's secretary of goodness that could result in picture official going to jail untainted contempt of court."

The aggressive excise by Justice against the fusion is giving mixed signals halt potential investors about the gravity of administration pledges to expand economic development aggressively.

The fact wind the Calderón administration point checker on the economy quit shut in the midst of the line has added to that impression.

John Marino, City Editor of Interpretation San Juan Star, writes representation weekly Puerto Rico Report structure for the Puerto Rico Courier.

He can be reached right away at: Marino@