The Dominican Republic Takes Steps Towards Integration With Central America

  • The Dominican Republic government is moving forward with the integration of services and other productive sectors with Central American countries. 
  • The process is the result of two meetings President Luis Abinader has with his counterparts of the Central American region, specifically Costa Rica and Panama, to work together and take advantage of the post-COVID opportunities since investments of US$3 to US$4.5 trillion are expected to be changing the manufacturing base. 
  • Flacquer explained that any country that captures only 0.1% of these investments would triple its exports. 
  • The Dominican Republic is the sixth-largest trading partner of the U.S. and, together with Panama and Costa Rica, will become the third, with 20 million inhabitants between the three and whose block will only be surpassed by Brazil and Mexico.

(Source: Dominican Today)