Representatives from the Puerto Rico Manufacturers Association and industry counterparts in the Dominican Republic held the first of a series of strategic meetings on Monday to define areas of collaboration to improve business relationships and create jobs, PRMA President Carlos Rivera-Vélez said.
During the opening day of its annual convention Thursday, the Puerto Rico Manufacturers Association delivered a list of recommendations — including cutbacks, government restructuring and fiscal measures — to administration officials, in hopes of doing its part to help the island pull out of its economic crisis.
To effectively compete in global markets, Puerto Rico should significantly reduce energy costs and “work in unity of purpose with one voice” to ensure special tax treatment to stateside companies established on the island, said Puerto Rico Manufacturing Association President Carlos Rivera-Vélez during a recent trip to Washington, D.C.
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