King of Spain praises Dominican Republic’s economic results

During the closing ceremony this Friday of the XIV Ibero-American Business Meeting, the King of Spain, Felipe VI, assured that the Dominican Republic has demonstrated an unbeatable economic performance with high growth rates of over 5%.

He considered that this has been a consequence of the impulse of the private sector activity and the application of macroeconomic policies by President Luis Abinader that have allowed great stability in the country”.

According to a press release issued by the Presidency, the King thanked the country for its affection and affection, while affirming that Spain has been a fundamental partner for Spain in different areas.

In the same way, the note refers that the king indicated that the country has a strong private sector committed to the challenges of the country, to achieve a lasting and stable growth, as well as the importance of a close and adequate Rey de España en RDpublic-private collaboration for the achievement of the strategic objectives of an entire nation.

He highlighted the recovery of tourism

Regarding tourism, he highlighted the country’s recovery, “allow me to make an aside and congratulate the Dominican Republic for the excellent management carried out in recent years when it comes to reactivating tourism”.

For his part, President Luis Abinader, in his keynote speech, said that this is “the perfect scenario to take a leap and work for what unites us, makes us grow and provides us with development and growth for our community”.

He also assured that the Ibero-American region is alive, “is vibrant and is at its best moment to invest”.

According to the Dominican president, this is a forum that brings together more than a thousand businessmen, presidents of leading Ibero-American companies, and whose vocation is to contribute to making Ibero-America more Ibero-American and to promote relations of trust among businessmen to grow and strengthen the Ibero-American business fabric.

Speaking before the King of Spain, presidents, vice presidents, foreign ministers, businessmen and thousands of people from different nations, the president said: “We are undoubtedly a community of present and future, and the future is being decided in the present. Therefore, forums such as this one allow us to be that voice that pushes, pushes and shapes the future”.

“The paramount importance of trade relations, digitalization and technology to drive sustained and sustainable growth throughout Ibero-America will undoubtedly be the issues that we will have to address as a community and put our experiences at the service of others to create synergies that make us all win,” the president argued.

Among the heads of state who accompanied the Dominican head of state were Guillermo Lasso from Ecuador, Mario Abdo Benítez from Paraguay, Marcelo Rebelo de Sousa from Portugal and Luis Lacalle Pou from Uruguay.

Manifesto of commitment

The XIV Ibero-American Business Meeting ended this Friday with the reading of a manifesto of commitment signed by the business organizations that were gathered.

Some of the commitments established in this manifesto, establishes the improvement of productivity, investment in human capital, collaboration in large projects, promotion of women in business, investment in positive impact projects and work on stable regulatory frameworks.


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