Industry and trade ministers begin summit

The second Ibero-American Summit of Ministers of Industry and Commerce began yesterday in the Dominican Republic the work to transform the productive sectors and achieve sustainable and inclusive development in the region.

The purpose of this space is to address issues such as productive transformation for sustainable post-pandemic economic recovery, innovation and digital transformation in industries, the internationalization of knowledge-based services, as well as the vision of gender and inclusion as a path to success. developing.

In this activity they seek to address the issue of promoting electronic commerce in industrial sectors and MSMEs in Latin America, in which the Ministers of Industry and Commerce Francisco Gamboa, from Costa Rica; Julio José Prado, Foreign Trade, Investment and Fisheries of Ecuador; Xiana Méndez, Secretary of State for Foreign Trade of Spain; Pedro Cilínio, Secretary of State for the Economy of Portugal and Hipólito Antonio Abreu, Minister of Industry of Venezuela.

The conference was attended by delegations from Chile, Colombia, Cuba, Guatemala, Mexico, Panama, Peru and Uruguay.

The country’s Minister of Industry, Commerce and MSMEs, Víctor-Ito-Bisonó, said that despite the challenges faced by the country and these nations, they are taking important steps to grow and develop their economies.

“We welcome this meeting because of the importance of sharing experiences and best practices in Ibero-America, given that, in addition to history and cultural similarities, we share markets, we live in moments in which the regional trade dynamics have been reconfigured and we face new challenges that call for innovative policies. and new mechanisms for synergy,” said the official during the opening of the summit at the El Embajador hotel.

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The Ibero-American Assistant Secretary, Marcos Pinta Gama, pointed out that one of the main reasons why the meeting is relevant is the speed of changes experienced by the economies of the region, and emphasized that Latin America has a world-class entrepreneurial ecosystem, with 40 “unicorn” companies, valued at more than US$1 billion, which generate quality work, indirect employment (through their suppliers and allies) and are intensive in knowledge.

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