The president of the Dominican Association of Exporters (Adoexpo), Elizabeth Mena, valued the president’s accountability speech as positive Louis Abinader, and expressed the need to diversify local production to depend less and less on raw materials from abroad so that international situations, such as the pandemic and the war between Russia and Ukraine, affect the economy as little as possible.
Greeting the speech of the President of the Nation, the business leader considered that “we must continue working together with the government and civil society, mainly at this time when the global crisis will impact us due to the increases in raw materials that will affect the imported inflation and price distortion.
Mena considered that this sector should continue to be supported, particularly the mining industry, which represents 20% of total exports.
He specified that “exports must have a higher added value in these post-pandemic situations and the war between Russia and Ukraine, which forces us to redouble productive capacity, support exporters through incentives and take advantage of social, economic stability. and the country’s policy to attract more foreign investment and become the logistics hub of America”.
The president of Adoexpo recalled that 2021 was the year that the country achieved the highest volume of exports in its entire history, reaching an amount of US$11,831,535,819, representing a year-on-year growth of 20%, compared to 2020, which was US $9,859,613,183, and 16.32% with 2019, for US$10,171,540,422.
Mena agreed with President Abinader when highlighting the positive numbers of exports and attributed this record, in addition to the increase in demand in some lines of Creole products and services in international markets as a consequence of the pandemic, to the proactive role of the government and of the private sector for the consolidation of Dominican exports.
“Undoubtedly, the measures adopted by the government and the resilience shown by national exporters and entrepreneurs who kept their businesses consolidated and diversified, contributed to expanding our local supply of goods and services,” he stressed.
The president of Adoexpo stated that “in our association we work under the firm conviction of continuing to strengthen a resilient, diversified and inclusive export sector,” said Mena.
