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Free Trade Zones - An opportunity

2023-02-22 República Dominicana - Yodeysi Reyes

We had a coffee to learn about Free Trade Zones and the opportunities they bring for the internationalization of goods and services. We will be joined by Dominican Republic, Yodeysi ReyesBusinesswoman, expert in international trade issues.

Yodeysi Reyes
Executive Director of CBM
República Dominicana
22-Feb/23
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In this video, Angelica Herrera Muñoz interviews an international trade expert from the Dominican Republic. The expert talks about free trade zones in the country, the economic outlook, strategic sectors and incentives for foreign companies. She also offers tips for doing business in the Dominican Republic and mentions the government institutions that provide information and support to entrepreneurs interested in investing in the country.

00:02 Interview on free trade zones in the Dominican Republic

  • 00:02 - Angélica Herrera presents the topic of free trade zones in the Dominican Republic.
  • 01:01 - Daisy shares her experience and background in international trade and logistics.
  • 04:46 - Daisy highlights the economic growth and trade stimulus of free trade zones in the Dominican Republic.

05:57 Economic growth and tourism development in the Dominican Republic

  • 05:59 - New parks authorized and authorized for foreign investment.
  • 06:26 - Cooperation agreement for tourism development in the southern part of the island.
  • 10:53 - Promotion of the installation of new wind farms and competition with China.

11:50 Investment opportunities in the Dominican Republic and logistical facilities

  • 11:54 - Strengthening regional value chains and free trade zones
  • 12:26 - Initiatives to become the logistics hub of the Caribbean
  • 16:58 - Business facilities and openness to foreign investment in the Dominican Republic

17:44 Promotion of free trade zones and business in the Dominican Republic

  • 17:48 - Free trade zones are duty free.
  • 18:30 - Businessmen are unfamiliar with international trade terms.
  • 20:32 - Dominican culture is important for closing business deals.

23:38 Internationalization of Foreign Investments in the Dominican Republic

  • 23:47 - The Dominican Republic has played a leading role in internationalization in recent years.
  • 25:51 - There are free trade zones specialized in strategic sectors such as medical devices, with attractive tax incentives.
  • 28:47 - Free trade zones in the Dominican Republic offer tax exemptions and support for the installation of foreign companies.

29:31 Resources for Entrepreneurs in Dominican Republic

  • 29:34 - More information on portals and tools for entrepreneurs can be found here.
  • 29:41 - It is important to consult preliminary information before settling in the Dominican Republic.
  • 32:18 - Institutions such as the Chamber of Commerce and ProDominicana are key resources for entrepreneurs.

35:25 Acknowledgements and comments from viewers

  • 35:27 - Acknowledgement for participating in the interview
  • 35:49 - Positive comments from viewers
  • 36:23 - Invitation to relive the interview on social networks

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