Dom. Rep. and Mexico sign cooperation memorandum

Dominican airline Arajet will start its flights to Mexico as of September 22.

The Dominican Republic signed a memorandum of cooperation with Mexico for the creation of a working group to promote trade and investment between the two countries.

The agreement was signed by the Dominican Foreign Minister, Roberto Álvarez, and the head of the Mexican Ministry of Economy, Tatiana Clouthier, according to the Ministry of Foreign Affairs of the Caribbean country.

Álvarez met with the Mexican Foreign Minister, Marcelo Ebrard, to discuss and review the priority issues of the bilateral agenda such as political relations, economic promotion, tourism and air connectivity.

During the meeting, it was announced that the Dominican airline Arajet will begin operations with three weekly flights from Santo Domingo to Felipe Ángel Ángeless International Airport as of September 22.

During the dialogue, the importance of Mexico and the Dominican Republic continuing to cooperate in regional development was emphasized, especially in the case of Haiti, a country that is going through a difficult security situation and a tense political and social climate.

The importance of continuing to collaborate in joint spaces that contribute to the multilateral architecture was also discussed, examples of which are the Latin American and Caribbean Space Agency and the Ibero-American General Secretariat. In the latter organization, Mexico expressed its appreciation to the Dominican Republic for its leadership in its work as Pro Tempore Secretariat.

The Alliance for Development in Democracy (ADD) bloc, formed by the Dominican Republic, Costa Rica, Panama and Ecuador, represents Mexico’s third largest trading partner in Latin America, after Brazil and Colombia.

Bilaterally, the Dominican Republic is Mexico’s main trading partner in the Caribbean. Mutual trade reached US$916 million in 2021. Mexico is the second largest investor in the Dominican Republic, behind the United States, with an accumulated investment of more than 10 billion dollars, which has created some 30,000 direct jobs.

Learn More: News

Advertisements

Leave a Reply

Your email address will not be published.

5 × 2 =