DR1 Daily News - Dominican Republic

The European Union (EU) has consolidated its position as the Dominican Republic’s leading foreign investor in 2024, pouring over US$1.52 billion into the nation, representing 33.7% of the total foreign direct investment (FDI), Diario Libre reports. This significant influx has bolstered key sectors, including tourism, renewable energy, manufacturing, sustainable urban transport, and digital services.

On 27 May 2025, Vice President Raquel Peña highlighted the robust relationship between the two entities, stating: “The commercial relationship between the Dominican Republic and the European Union has reached historic levels. In 2024, foreign direct investment flows into the Dominican Republic reached an all-time record of over US$4.5 billion.” Her remarks came during a forum organized by the EU, its member states, and the Pontificia...