Looking to boost exchanges in key areas such as agriculture, manufacturing and energy, and reestablish direct trade routes between Puerto Rico and the Dominican Republic, the Department of Economic Development and Commerce has created a task force responsible for promoting commercial ties between the islands.
The World Bank and IFC, in partnership with the Australian Agency for International Development and the Canadian International Development Agency, hosted an international event in Puerto Rico this week to exchange ideas and find solutions to strengthen trade logistics, port operations, and regional integration in the Caribbean.
The U.S.‐Panama Trade Promotion Agreement, an initiative through which President Barack Obama seeks to increase opportunities for U.S. businesses, farmers, and workers through improved access for their products and services in foreign markets, takes effect Oct. 31.