2016News

Business between Taiwan and the DR on the increase

According to Minister for Industry and Commerce Jose del Castillo Savinon, business between the Dominican Republic and Taiwan was worth over US$136 million in 2015.

He said that the Dominican Republic is Taiwan’s leading trade partner in the Caribbean. In 2015, Taiwanese businesses invested more than US$20 million in the country and created more than 3,000 jobs.

In addition, Taiwan is a major destination for the sale of Dominican products, with imports worth nearly US$30 million in 2015 including metals, medical instruments, shoes and electrical equipment.

Exports from Taiwan to the DR rose to US$106.18 million in the same time period.

Negocios Rep. Dominicana y Taiwan superaron los US$136 millones