The Dominican Republic, home to over 11 million people, is a vibrant Caribbean nation with a diverse and rapidly growing economy. The pillars of its economy include tourism, manufacturing, agriculture, and mining. Key business sectors range from textiles, tobacco, and sugar production to electronics, cement, and pharmaceuticals. Tourism is a dominant force, with the country’s stunning beaches and rich culture drawing millions of visitors annually. Major exports include medical devices, sugar, gold, and tobacco. With a GDP of approximately $110 billion and a per capita income nearing $10,500, the Dominican Republic is a significant economic player in the Caribbean and Latin American region, continually strengthening its ties with global markets.
In partnering with the World Business Council, the Dominican Republic’s government authorities and private sector can broaden their reach in trade, tourism, and sustainable industrialization. By engaging with WBC, they can play a key role in shaping international trade frameworks, fostering investment opportunities, and expanding their influence within the global economy.
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