Strengthening Export Capacity Of Agro-Producers In The Dominican Republic

• The Caribbean Development Bank (CDB) will launch a new project to be implemented in the Dominican Republic funded by the CARIFORUM-European Union (EU), Economic Partnership Agreement (EPA), CARICOM Single Market and Economy (CSME) and Standby Facility for Capacity Building entitled the “Strengthening the Export Capacity of Agro-Producers” in the Dominican Republic to access the European Union and CARIFORUM Markets on Wednesday, 20 July, 2022.
• The project is being implemented by the ministry of industry, trade and MSMEs, through the vice ministry of foreign trade (VICOMEX) and the Dominican Association of Exporters (ADOEXPO). The two-year initiative provides € 324,806 in technical assistance.
• Through the project, the people of the Dominican Republic will benefit from enhanced access to regional and international markets due to a strengthened sanitary and phytosanitary framework, with the implementation of a robust food traceability and food safety management system.
• By closing these gaps in the trade of agricultural commodities, the project will directly contribute to improving food security, which is one of the most concerning challenges that the region faces. It will also support efforts by the Dominican Republic to reach its individual targets under the United Nations 2030 Agenda for Sustainable Development.

(Source: Caribbean News Global)