Korea asks Dominican Republic to sign free trade agreement

Ambassador Federico Cuello says that the Barceló brand rum will soon be exported to Asian nations for cocoa and coffee.South Korea continues to be interested in signing a free trade agreement with the Dominican Republic, which would benefit the country since the economies of both countries do not compete but complement each other. The Dominican […]

IMF calls on countries to be cognizant of trade restrictions effects

WITH the United States and China at loggerheads over Semiconductors, the International Monetary Fund (IMF) has sounded the warning knell that it could have serious repercussions across the globe. The two countries have been feuding over the chips that are used to power all technology, with Taiwan being one of the main source markets that […]

EU Looks to Boost Investments and Trade in Agricultural Sector in the Region

Building a modern, sustainable, and climate resilient agri-food sector that contributes to economic growth is paramount for the Caribbean region and in that context the CARIFORUM-EU Economic Partnership Agreement (EPA) is pivotal to boosting much-needed investments, two-way trade and achieving sectoral development in the sector.. This was revealed by Mr. David Mogollón, Head of Cooperation […]

Local businesses encouraged to take advantage of trade agreement with EU

Trade Minister Chet Greene is encouraging the local private sector to seize the opportunities available for exporting goods to the European Union (EU). The twin island nation is among more than a dozen Caribbean countries that benefit from the Economic Partnership Agreement (EPA) signed in October 2008. The aim is to make it easier for […]

Delegation Named For Guyana Trade Mission

The Government has announced that the Deputy Premier and Minister for Financial Services, Labour and Trade, the Hon. Lorna Smith, will lead a diverse, 17-member delegation on a significant trade mission to Guyana from 30th July to 4th August 2023. The delegation comprises representatives from the financial services industry and various business sectors, highlighting the […]

Hon Lorna G. Smith meets Guyana’s Foreign Secretary for trade talks

This morning, July 31, 2023, the Deputy Premier and Minister for Financial Services, Labour and Trade Hon Lorna G. Smith (AL), OBE, along with Ms Petrona N. Davies, Permanent Secretary in the Ministry for Financial Services, Labour and Trade; and Dr Karl Dawson (R1), Junior Minister for Agriculture and Fisheries met with Foreign Secretary Robert […]

Trade and Quality Infrastructure Division Empowers Montserrat Businesses with Quality Management Systems Training

The Trade and Quality Infrastructure Division, under the Office of the Premier, successfully concluded a comprehensive Quality Management Systems (QMS) Training from June 12th to June 16th. The five-day training, held at the Conference Room of the Montserrat Cultural Centre, aimed to enhance the understanding and implementation of internationally recognized certification standards among Montserrat’s private sector […]

Dominican Republic and China hold meeting to promote trade and investment

The Dominican Republic and the People’s Republic of China recently held their inaugural meeting of the Mixed Commission for Economic, Trade, and Investment Cooperation. This historic meeting took place in the Dominican Republic and covered various topics, including the economic situation of both countries, bilateral economic and trade relations, investment opportunities, and priority cooperation projects. […]

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