American Chamber and WTC Miami sign memorandum to strengthen commercial relations
The American Chamber of Commerce of the Dominican Republic (Amchamdr) and the World Trade Center Miami (WTCM) joined forces by signing a memorandum of understanding (MOU), to strengthen commercial relations between Florida and Dominican Republic.
The agreement, signed by Edwin de los Santos, president of Amchamdr, and Ivan Barrios, president of WTC Miami, seeks to enhance the relationship between ports, airports, and the logistics community of both regions, creating a robust supply chain.
The General Directorate of Customs (DGA), represented by the deputy director, Daniel Peña, was part of this public-private delegation, which, within the framework of the meeting held in Miami, presented to investors and businessmen linked to the logistics sector about the advantages that the country has to carry out, from there, co-production operations and regional distribution of merchandise.
Goals
Promoting collaboration between ports, airports and the logistics community of both regions is the main objective of this MOU, allowing us to contribute to the optimization of the supply chain and improve the efficiency of bilateral trade.
Another point is the establishment of a safe and reliable logistics network that facilitates the flow of goods between both countries, increasing trade in both ways. The MOU will allow identifying strategic sectors for co-manufacturing and efficient logistics processes.
In addition, the MOU seeks to attract investments to the development poles of the Dominican Republic, taking advantage of the competitive advantages that the country offers; simplifying customs and customs procedures, and reducing bureaucracy for logistical and commercial processes.
William Malamud, Executive Vice President of Amchamdr, expressed his excitement, saying: “This collaboration will optimize logistics operations, improve efficiency in freight transportation, and create new business opportunities for companies on both sides.” Daniel A. Peña Fernández, Deputy Director of Customs, highlighting the strategic vision of the Dominican Republic, noted: “The DGA in the Dominican Republic is coordinating and supporting President Luis Abinader’s vision of consolidating our country as a world-class logistics hub.
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The Dominican Republic is not only located in a perfect geographic position but is also one of the most stable and fastest growing economies in the region.” Alice Ancona, director of operations at the World Trade Center Miami, stated that this partnership ” marks an important milestone” in efforts to strengthen ties between the regions.
“Our shared purpose is clear: foster collaboration between ports, airports, and the logistics community, thus creating a resilient supply chain that unites Florida and the Dominican Republic. “We are committed to improving the relationship between our two regions and driving greater trade in both directions,” she said.
World Trade Center Miami, founded in 1971, is a nonprofit organization and member of the leading global trade organization, the World Trade Center Association, with more than 300 World Trade Centers located in more than 90 countries around the world. world.
For more than 50 years, WTCM has played a leading role in fostering Miami’s emergence as a hemispheric center for global trade.