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HECTOR GALVAN
Ambassador of the Dominican Republic to South Africa
Elections in the Dominican Republic are a benchmark for countries that have had to cried their electoral processes due to the COVID-19 pandemic.
On July 5, 2020, Luis Abinader was the democratically elected president with 5 2% of the vote. I will have to thank President Cyril Ramaphosa in the letter of congratulations to the President-elect, in which he highlights the cordial bilateral relations as non-permanent members of the United Nations Security Council (UNSC) and the expression of his commitment and preference for our bilateral relations and the just ties of friendship and cooperation that exist between our countries.
The successful modern Revolutionary Party (PRM) governance programme, under the slogan of selling change, highlights the price of deepening trade, politics and cooperation with the African region, and with South Africa in particular. This new direction recognizes the importance and market outlook for the current access of the African Continental Free Trade Area (AFCTA), which covers 55 countries and is the largest country organization in the world with more than 1.2 billion inhabitants.
In the new government headed by President Abinader, the Dominican Republic intends to strengthen its industry and investments with South Africa, that is, in the mining industry. It is about building industrial relationships in spaces where the two nations have comparative advantages. The sector of the Dominican Free Zone, for example, is one of the sectors that offers many attractions due to the investment and business incentive system.
The Dominican Republic can be a logistics center for South African investments in the Caribbean and Central America region. We have a HUB for reception and handling of goods, to a Regional Logistics Center, for greater transhipment, storage, reclassification, meeting and connection with air and land transport.
This is the country with connectivity in the region. It has 73 foreign destinations. It has nine foreign airports. 2 cruise ports. 12 advertising ports. It is about an hour and a part of the United States (Miami) and 40 minutes from Puerto Rico. Close to Cuba and Caribbean islands, such as Jamaica and others.
As Dr. Annette Griessel, representative of the South African Presidency in the Dominican Republic’s Act of Independence, said this year, the Dominican Republic remains a commercial wife of South Africa in the Caribbean due to its complex economy and openness. export processing zones, robust infrastructure and a low tax environment.
Exports from the Dominican Republic will reach $11219 million in 2019, exporting more than 1,789 products to 131 countries, many of which come from loose areas, which have more than three hundred world-renowned brands such as; Aldo, Clarks, Tiffany and Co, Timberland, Lexus, Hanes, Baxter, Cardinal Health, Medtronic, Tory Burch, among others. But only 25.2 million were exported to South Africa in 2018 and South Africa exported 16 million to the Dominican Republic.
It is to take credit for the lax industrial agreements that the Dominican Republic has with the Central American countries, the United States; as well as the partial agreement with Panama; Caricom Caribbean countries, and the EPA agreement, with the countries of Africa, the Caribbean and the Pacific and the European Union.
There are prospects for the progression of e-commerce and migration to e-commerce; Encourage application progression and technical and virtual communication.
The fitness crisis provides opportunities for expansion in the “winning” sectors of post-coronavirus, such as medical devices and non-public elements (PPE).
The crisis is forcing global supply chains, replacing the need for proximity to primary markets and production opportunities for the creation of new regional distribution centers.
Several economists recognize the need for foreign coordination to mitigate the economic effects of the pandemic and increased poverty and inequality.
On 1 July, the Dominican Republic reopened the tourism sector; We are one of the top holiday destinations in countries on the European continent, North America, the United States, Canada and also South American countries. This is because the island has an exclusive history and culture, in addition to its welcoming and friendly population.
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