Strengthening trade relations with Canada

Santo Domingo. – Biviana Rivero Desla, Executive Director of the Export and Investment Center of the Dominican Republic (ProDominicana), led the meeting with a trade mission from Canada organized by Mirex through the Dominican Embassy in that country, looking for investment opportunities in tourism, application projects, free zones and revitalization of bilateral economic relations between the two countries, With the promotion and reopening of flights that will drive investments and exports as well as the arrival of tourists.

25 companies and representatives of public entities from Canada participated in the meeting, along with Dominican Ambassador to Canada, Michelle Cohen, who explored the advantages of investing in the Dominican Republic.

There are about 30 Canadian capital firms that generate more than 9,000 direct jobs, Rivero Desla noted: “Between our economic and institutional stability, as well as our strategic location, we are a business partner that provides great opportunities for companies with investment projects.” he added.

On her part, Michelle Cohen expressed her satisfaction with the work and efforts of the Dominican government in seeking more and better investments for the country, and urged further strengthening of the approach to creating new job opportunities among public entities and private companies. in Canada and the Dominican Republic. He stressed that “there is a firm will to consolidate a cultural and commercial relationship that will benefit the two peoples.”

It is important to note that the trade turnover between Canada and the Dominican Republic, from 2016 to September 2021, is US$4,123.6 million. Of these, 74 percent correspond to Dominican exports. In general, the sectors in which we have the largest presence of Canadian capital are mining, free zones and real estate.

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