Santo Domingo– The Chargé d’Affairs of the United States Embassy in the Dominican Republic, Robert Thomas, considered that continuing to combat corruption and strengthening government institutions will be key to maintaining confidence in the country’s investment climate.
During his presentation at a traditional Thanksgiving event organized by the American Chamber of Commerce in the Dominican Republic (AMCHAMDR), Thomas called on the political and business leadership to fight corruption and implement reforms that would allow an end to impunity, for the sake of that country. It can boost its economy and establish itself as a leader in the region and an example of democracy.
We welcome the efforts of President Abenader’s administration to maintain an attractive, stable and predictable investment climate in the Dominican Republic. Transparency and zero tolerance for corruption are absolutely essential to attracting and retaining US investors and companies in the Dominican Republic. We look forward to working closely with the government of President Abenader in pursuit of vital institutional reforms that not only deter criminal activity and corruption, but will also enhance economic prosperity and confidence in the investment climate in the Dominican Republic.” Presentation “Toward the Future Together.”
Thomas highlighted cooperation between the governments of the United States and the Dominican Republic in the areas of security, trade, education, health, and development.
In this sense, he said, the US government has invested $298 million in health in the past 20 years, and next year will work to strengthen epidemiological surveillance at the national and county levels, in cooperation with the Department of Health. In order to improve data-driven decision making; Training health workers in COVID-19 care, and supporting vaccination campaigns, among others.
Effective January 20, 2021, Robert W. Thomas has held the position of Chargé d’Affairs at the United States Embassy in Santo Domingo. He was previously Minister Counsellor to the Mission since July 16, 2020, after serving three years as Consul General of the United States in Montreal, Canada.
President AMCHAMDR expects RD to be a magnet for Nearshoring related investments
The President of the American Chamber of Commerce, Roberto Herrera, has predicted that the Dominican Republic has the potential to become a magnet for Nearshoring-related investments in the next 10 years.
In his address at AMCHAMDR’s Thanksgiving Day gala, Herrera highlighted geographic location and political and economic stability as part of the attractions that make the country an important investment destination.
In this sense, the AMCHAMDR Chair noted the importance of strengthening US-US relations, in order to take advantage of the great opportunities that arise in the transfer of global value chains to the Americas. One of the advantages of our country is to take advantage of the dynamics associated with the essential role of expatriates as a bridge between the two countries.
“These two million Dominicans who live, work and study in the United States have a lot to contribute in the phase that has begun. Among them are true pioneers who succeed in the most diverse fields. Pioneers are such as those whom AMCHAM recognizes annually.”
On the other hand, Herrera thanked the private sector for the role it played in maintaining jobs and economic recovery in a post-pandemic context, as well as the efforts of the government and international cooperation to develop and distribute vaccines that would mitigate. COVID-19.
Marcelino San Miguel II Honored as Honorary President of AMCHAMDR
During the Thanksgiving luncheon, the US Chamber of Commerce honored Marcelino San Miguel II as Honorary President, who led the institution from 1982-1984, and William Malamud, Executive Vice President of AMCHAMDR, presented him with a plaque of recognition for his contributions to representation and for connecting the entity to a new vision for the future.
About the American Chamber of Commerce in the Dominican Republic (AMCHAMDR)
The American Chamber of Commerce in the Dominican Republic (AMCHAMDR) is a non-profit association, legally incorporated on November 8, 1923, that promotes a healthy investment climate based on access to knowledge, opportunities, and a culture of best practices for the community – economic and professional development of its partners. AMCHAMDR is affiliated with the American Chamber of Commerce and is a founding member of the Association of American Chambers of Commerce in Latin America (AACCLA).
AMCHAMDR operates on an agenda designed to communicate and represent its partners on new trends in the world of business, markets and indicators at national and international levels. Its catalog of services is designed to add value to its members, provide tangible solutions and identify opportunities for business and professional growth.