Dominican-Korean Chamber of Commerce relaunched to boost trade between the two countries

The Korean-Dominican Chamber of Commerce (DomChamCorea) celebrated its re-launching at the Ministry of Industry, Commerce and MSMEs, where Mr. Avelino Rodriguez was introduced as President of DomChamCorea, who is in charge of the leadership of this entity that seeks to promote and strengthen trade between the Republic of Korea and the Dominican Republic.

The president of the Korean-Dominican Chamber of Commerce, Avelino Rodriguez, thanked the confidence placed in him and pledged to continue working to strengthen the entity: “DomChamKorea will be the government’s partner to maintain the momentum that gives so much credibility to our foreign policy, ensuring that existing opportunities are taken advantage of, that the agendas that are formulated are executed, thus providing the face-to-face and financial support required to increase cooperation, trade and investment between our countries,” he said.

The Minister of Industry, Commerce and MSMEs, Víctor (Ito) Bisonó, headed the re-launching of DomChamKorea, which was also attended by Hugo Rivera, Vice Minister of Economic Affairs and International Cooperation of MIREX, as well as Mr. Inho Lee and Mr. Federico Cuello, ambassadors of Korea and the Dominican Republic, respectively.

During the event, Minister Bisonó said that with this relaunch, “we have the opportunity and possibility to increase Dominican exports in that country, while at the same time it represents a step to ensure that Korean investors have a greater presence in our Dominican Republic, where they will find a friendly people and an allied government”.

Bisonó emphasized that “Korea is a leader in the areas of infrastructure, transportation, technology, among other factors and our country is a regional HUB that can be a platform for greater projection of Korean industries throughout the hemisphere”.

For his part, the Ambassador of the Republic of Korea in the Dominican Republic, Inho Lee, expressed his desire for “greater trade and investment between the two countries” for which it will be essential to have “greater interaction between all current and future members of the Chamber”.

Dr. Federico Cuello Camilo, Dominican Ambassador to Korea, highlighted Korea’s vision of relaunching its economy after the pandemic by executing a new pact that includes economic decarbonization, social digitalization, decentralization of development and strengthening safety nets.

Hugo Rivera, Vice Minister of Economic Affairs and International Cooperation of MIREX, indicated that the re-launching of this bi-national chamber is a great step to increase Dominican exports and achieve that Korean investors have a greater presence in our country, where they will find a friendly people and an allied government.

The Board of Directors of the Chamber is made up of: Avelino Rodríguez (president), Fernando Villanueva, Mario Lama, Javier Tejada, Tak Chang, KwangHoo Lee, Sang Min Choi, Amauris Vásquez (full members) and Tamara Vásquez Sosa as Executive Director.

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