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Thursday, December 1, 2022
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Trade between the Dominican Republic and Great Britain grows

Commercial relations between the Dominican Republic and Great Britain in 2022 have exceeded the commercial exchange of the previous year, the government reported.

According to data presented by the General Directorate of Customs (DGA), within the framework of the IX Dominican Week in the United Kingdom, between January 1 and September 30, more than 383 million dollars have been exchanged, between exports and imports of goods, when in the entire previous year it was 343 million dollars.

Through a statement, it was reported that Amauris Vásquez, president of the British Chamber of Commerce (Britcham RD), stressed that this shows how the commercial partnership between the United Kingdom and the Dominican Republic is increasingly important, which is why it is necessary continue working, both in the public and private sectors, to facilitate doing business between companies from both nations.

“As we see, this year we will far exceed the more than 400 million dollars in trade between our nations, which positions Great Britain as a strategic trade partner for our country with increasing importance,” said Vásquez.

“We want to encourage -he added- that our governments can continue working hand in hand to implement initiatives that connect our countries more and better both by air and by sea.”

Vázquez offered these statements after the end of the investment forum in the Dominican Republic organized by Brithcam together with the Dominican Embassy in the United Kingdom in London and its head, Ambassador Elnio Durán.

Said forum was held at the Royal Institute of London, and Biviana Riveiro, director of ProDominicana, also participated in it, who explained the facilities that the Dominican Government is providing in terms of investment for foreign companies; as well as Mariana Vargas, general director of Cinema, who explained how the Dominican Republic has become “the destination par excellence” in Latin America for the filming of large international film productions.

In the activity, José Cuervo, from Banco Popular, presented the initiatives that this financial institution is carrying out in terms of investment in the orange economy, and the support they are providing to entrepreneurs, creatives, designers and artists, among other branches, for the development of these other aspects of the economy in the Dominican Republic.

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