Ambassador Gómez expressed deep admiration for AITIP's vision and highlighted its potential to enhance bilateral trade and investment between China and the Dominican Republic. As the largest economy in the Caribbean and one of the fastest-growing markets in Latin America, the Dominican Republic plays a vital role in regional trade.
As the largest economy in the Caribbean and one of the fastest-growing markets in Latin America, the Dominican Republic plays a vital role in regional trade. China stands as the country's second-largest trading partner, with an annual import volume of $4.76 billion USD.
Key imports include petrochemicals, automobiles, electrical appliances, processed food, steel, and durable consumer goods. With its prime geographic location, dynamic business ecosystem, and strategic free-trade agreements, the Dominican Republic serves as an ideal gateway for Chinese enterprises looking to expand into the Americas.
According to those interviewed, the Chinese electricity sector giant Power China, with a significant presence in nearby Panama and Colombia, is also seeking to establish a new office in Santo Domingo.
The Asian International Trade Industrial Park (AITIP) has taken another significant step in strengthening global trade by welcoming H.E. José Julio Gómez, Ambassador of the Dominican
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