The president of the Dominican-Canadian Chamber of Commerce, Gustavo de Hostos called for a Free Trade Agreement with Canada. De Hostos says this would boost the economy and diversify Dominican products and services. The Dominican Republic already has a Free Trade Agreement with the United States.
“We are two complementary economies. What is produced here at certain times of the year has an assured market in Canada because of the winter in that country, especially in the farm sector with the production of fruits and vegetables,” he said.
De Hostos forecast 2022 will be a good year for Canadian and Dominican relations because of the work that is being carried out. He forecast an increase in Canadian tourists. He announced a high-level commercial mission of local businesses is scheduled to visit Canada in the first half of June 2022 to promote more trade.
De Hostos made the announcement during a meeting of the board of CanChamRD in Villas de Costa Verde headed by Canadian Ambassador Christine Laberge. Others present were Ioannis Moutafis, president of Falconbridge Dominicana; Elis Faña, vice-president of Scotiabank; Gonzalo Parral, general manager Scotiabank; Simón Suárez, former president of Asonahores and vice-president of Grupo Punta Cana, among others.
De Hostos says Dominican exports to Canada increased significantly in 2021, amounting to more than US$1 billion. The export increase is driven by demand and better prices of metals in international markets.
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Noticias SIN
CDN
N Digital
10 December 2021