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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Boisse: Canadaís US$100M improve Dominicansí quality of life, including SMEs exports to Canada

Friday, July 04, 2014 > 09:06:06
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(Dominican Today)


Canada ambassador Georges Boissé affirmed Tuesday that Ottawa’s more than US$100 million in economic cooperation, technical assistance and development projects during six decades of diplomatic ties and trade relations have improved the standard of living of thousands of Dominicans.


Stressing that Canada is the nation that provides the second highest foreign investment in the country, the diplomat said the projects include the areas of tourism, construction, housing, education, religion, health, energy, mining, recreation, as well as contributions in banking and sports.


The diplomat said Dominican Republic has a favorable trade balance with his country of nearly US$1.1 billion, since Dominican exports to that nation topped US$1.2 billion and imports from Canada reached US$152 million.


Boisse said projections favor the Dominican Republic because gold exports to Canada will continue to rise this year.


Stable trade, increase in tourism, the support against organized crime in the Caribbean and Central America, among other key areas in the Canada-Dominican Republic ties during 60 years were cited as positive by the diplomat


Boisse called for continuous efforts to prepare the SMEs so they can place their products and services in Canada, a market of more than 35 million people he affirms has great potential, with a demand for fruits, vegetables, textiles, mineral resources, among others.


He also spoke of the Pan American Games in 2015, which will be held in Toronto, where he said he expects a high turnout from the Dominican Republic.


The diplomat headed the 60th anniversary of diplomatic ties between his country and the Dominican Republic and Canada’s national holiday at the Hilton Hotel, attended by business leaders from both countries, diplomats and officials.


During the activity, Boisse recognized several personalities for their work in the areas of development, trade, society and with contributions to Canada-Dominican Republic relations.

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