British Chamber of Commerce hosts event with Minister Sir Alan Duncan
British Minister of State understands BREXIT offers opportunities for trade with Dominican Republic.
Sir Alan Duncan, Minister of State for Europe and the Americas of the United Kingdom of Great Britain and Northern Ireland, participated at an event organized by the British Chamber of Commerce of the Dominican Republic (BRITCHAM), and shared his vision of the new opportunities that the his country offers the world in the post Brexit context.
The meeting was attended by prominent businessmen and officials from various sectors who exchanged ideas and expressed to Sir Alan Duncan their expectations in order to strengthen bilateral relations between the two countries.
"Brexit should be seen as an opportunity. Like the Dominican Republic, the United Kingdom is an island. We have always depended and will continue to depend on trade. We have a long and proud history as traders, and in this chapter we are about to start now we are not going to reduce this story but expand it by establishing trade agreements with new partners and strengthening our relationship with our existing partners as it is in this country", said Sir Alan Duncan.
Addressing a speech to those present, BRITCHAM President José A. Rodríguez highlighted the strong link between the two nations and reiterated the importance of signing new preferential bilateral agreements that would allow the United Kingdom to remain the fifth largest foreign investor In the country and the main destination in Europe for Dominican fruit and vegetable exports.
"From BRITCHAM we believe that, as a tool to foster greater bilateral trade and investment, we should visualize signing a preferential bilateral agreement with the UK that is up to the global standards in trade discipline, as well as increasing cooperation in areas such as innovation, education, science and technology", said the President of BRITCHAM.
The Executive Director of BRITCHAM, Francesca Ortiz, expressed the importance of the meeting, which seeks to continue strengthening trade and cultural exchange between the Dominican Republic and the United Kingdom.
"We are fully confident that we will continue to benefit each other from our riches and strengths and that through preferential bilateral agreements we will be able to continue to enjoy the many opportunities offered by Great Britain to the world", she said.
During his participation, Sir Alan Duncan commented that the British government has arranged a department dedicated exclusively to the negotiation of commercial agreements after leaving the European Union, seeking to ensure the continuity of business.
"The UK is leaving the institutions of the European Union, but we are not leaving Europe. Obviously there will be a transition period, but we look for it to be fluid. Without a doubt, we will continue to be champions of free trade in the world. We value our relationship with the Dominican Republic, and we will continue working with your government and your private sector in the weeks, months and years that follow", said the Minister of State for Europe and the Americas.
Guest speaker, Sir Alan Duncan, is Minister for Europe and the Americas of the Office of Foreign Affairs and Commonwealth of the British Government. He has been a member of Parliament for Rutland and Melton for the Conservative Party since 1992. He also held the position of Minister of State for International Development between 2010 and 2014.
The event, sponsored by INICIA, EGE Haina and Scotiabank, was held at the Renaissance Jaragua Santo Domingo Hotel & Casino and was attended by the British Ambassador to the Dominican Republic and Haiti, Hon. Chris Campbell; the Dominican Ambassador to the United Kingdom, Hon. Federico Cuello; the Minister of Industry and Commerce, Temístocles Montás, on behalf of His Excellency Mr. Danilo Medina; the President of the Supreme Court of Justice, Mariano Germán; the Director of Foreign Trade of the Ministry of Industry and Commerce (DICOEX), César Dargam; as well as representatives of the diplomatic corps accredited in the country.