Economy March 14, 2024 | 8:53 am

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Commonwealth Countries: key contributors to the country’s economy

Standing up, Fernando González Nicolás, President of the Commonwealth Roundtable, speaks. Seen from the right are Benjamin Valdez, General Manager of Antillan; Marcos Peña, from the Jiménez Peña firm; Collins Holditch, Consul of Canada; Ramu Abbagani, Ambassador of India; Pablo García, Manager of Scotiabank; and Luis Jorge, executive of the shipping company Ranick

Santo Domingo.- Fernando González Nicolás, President of the Roundtable of Commonwealth Countries in the Dominican Republic, shed light on the economic and social influence of Commonwealth nations during his address at the Commonwealth Day celebration and the organization’s 75th anniversary.

He disclosed that India, Canada, the United Kingdom, Trinidad and Tobago, and Jamaica stand as the Dominican Republic’s leading trading partners within the Commonwealth, boasting significant trade volumes in 2023.

At a luncheon hosted at the Santo Domingo Country Club, González Nicolás voiced his support for the Dominican government’s bid to secure membership in the Caribbean Community (CARICOM).

Highlighting the burgeoning economic and political ties with Caribbean nations within the Commonwealth, González Nicolás emphasized the Dominican Republic’s strategic diplomatic engagements. Noteworthy relationships with countries like British Guyana and CARICOM’s involvement in addressing issues in Haiti underpin the rationale for seeking CARICOM membership.

Additionally, the President of the Commonwealth Roundtable shared a message from His Majesty King Charles III of Britain, commemorating Commonwealth Day under the theme “A Resilient Common Future: Transforming Our Shared Wealth.”

In a separate address, Indian Ambassador Ramu Abaggnni underscored the significant strides in Indo-Dominican relations, with India emerging as a key trading partner.

Ambassador Abaggnni also hailed the recent signing of an economic and trade cooperation protocol between the two nations, foreseeing it as a catalyst for bolstering bilateral ties.

About Commonwealth Countries

This organization currently comprises 56 countries located on all continents of the world, representing 33% of the world’s population. They share a common British origin, the English language, and a similar legal and political system, namely democracy.

The event also saw the participation of presidents of the binational chambers of Commonwealth countries, as well as representatives from companies originating from those countries.

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