Foreign Relations Minister Roberto Alvarez signed an investment promotion and protection agreement with the Organization of Petroleum Exporting Countries Fund for International Development. The signing took place on 27 May 2022 at the OPEC Fund headquarters in Austria. Alvarez signed for the Dominican Republic and OPEC director-general Abdulhamid Aikhalifa for the OPEC Fund. Present was Laura Faxas, ambassador of the Dominican Republic to Austria and senior officials of the OPEC Fund.
As reported by the Presidency, this agreement will stimulate the flow of capital to the Dominican Republic from member states of the Organization of Petroleum Exporting Countries, that will finance public sector projects and private sector activities in various areas, ensuring environmental conservation, respect for human rights and internationally recognized standards of corporate social responsibility, thus promoting job creation and capacity building in the Dominican Republic.
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Presidency
30 May 2022