Spanish Ambassador highlights strong economic ties with the Dominican Republic

Santo Domingo.- The relationship between the Dominican Republic and Spain extends far beyond diplomatic ties, according to Spanish Ambassador Lorea Arribalzaga Ceballos. Speaking in an interview for Europe Day, the diplomat said the bond between the two nations is strengthened by the contributions of their respective communities on both sides of the Atlantic.

Arribalzaga highlighted the important role of the Dominican community in Spain, expressing gratitude for its contribution to the country’s economy and society. She also noted that thousands of Spanish citizens living in the Dominican Republic actively support the nation’s development, reflecting what she described as the welcoming nature of the Dominican people.

The ambassador also underscored Spain’s position as the leading foreign investor in the Dominican Republic in 2025. According to figures from the Central Bank, Spanish investment totaled US$1.086 billion, representing 21.5% of all foreign direct investment received by the country. Arribalzaga said Spanish companies view the Dominican Republic as a growing market that offers legal certainty and promising opportunities, and emphasized that both nations continue to explore new areas to deepen their longstanding relationship.