Commerce Minister meets with new U.S. Ambassador to strengthen bilateral ties

Santo Domingo.- New U.S. Ambassador Leah Campos met with Industry and Commerce Minister Víctor “Ito” Bisonó to review key bilateral priorities in trade, investment, and technical cooperation. Both sides reaffirmed the strategic value of the Dominican–U.S. partnership and highlighted ongoing collaboration in institutional strengthening and capacity building.

Bisonó noted that trade between January and October 2025 surpassed US$15.9 billion, a 3% increase compared to the previous year. Dominican exports to the U.S. also grew 3%, exceeding US$6 billion, with more than 89% coming from free-trade zones—mainly medical devices, electrical components, cigars, jewelry, and advanced manufacturing. He said these numbers reflect strong U.S. confidence in Dominican industry.

The minister also underscored the country’s strong performance in foreign direct investment, recalling the US$4.52 billion reached in 2024 and the continued momentum in 2025. He noted that the Dominican Republic captured 30% of all FDI flowing into the Caribbean, consolidating its position as one of the region’s most competitive destinations.