THE STRENGTHENING OF THE SME, s WILL PAVE THE WAY FOR THEIR INSERTION INTO GLOBAL VALUE CHAINS, FOMENTS THE GROWTH OF EXPORTS AND CREATES JOBS.
Santo Domingo. The Export and Investment Center of the Dominican Republic (CEI-RD) and the international organization Executive Service Corps (IESC), agreed to work together to contribute to the growth and consolidation of new SME, s with exporting potential, and to develop their beneficiaries’ business management abilities and skills, with the goal of enabling the positioning of their products in foreign markets.
In order to reach the established goal, the entities signed an Interinstitutional Cooperation Agreement through which they will carry out the “MSME, s Internationalization Program in the agriculture sector”, with the support of the Exporting Quality and Safety project (ECI), which attempts among other objectives, to identify market niches and business opportunities, as well as to promote business advantages, especially under the DR-CAFTA accord.
The signing of the agreement took place on October 25th of this year at the CEI-RD offices, and was spearheaded by the heads of the respective institutions, Henry Molina, CEI-RD’s executive director, and Brian Rudert, IESC director.
While explaining the basis for the initiative, the minister elaborated on the importance of establishing close coordination among the public and private sectors, and international organizations, in order to encourage promotion and development policies for Dominican products within national and international markets.
He feels that this action will help to both strengthen and diversify our export production and develop new markets, in favor of “our production sector, Dominican society, and international consumers”.
The agreement will focus on a work plan based on three fundamentals, among which is the integration of an export production system, oriented towards creating knowledge generation and partnership promotion proposals; training initiatives destined to improve competitiveness, corporate productivity and profitability; as well as encouraging the participation of national companies at international promotion and exposition events.
“From here at the CEI-RD we will offer all the necessary technical assistance in order for the program to succeed and will coordinate actions and measures with the goal of establishing productive linkage and business development among the various sectors and agricultural producers”, noted Molina.
In addition, Brian Rudert, IESC director, stated that during the certification support process for producers and exporters who participate in the program, all required assistance will be given by that institution, in order to maximize their commercial entry to the United States and other markets.
“There is real interest on behalf of both institutions to train, develop, and promote those responsible for developing our export production in an efficient and competitive manner, which is why we feel particularly satisfied and committed to this framework we are creating for the promoting and development of small and medium enterprises,” noted Rudert.
The International Executive Service Corps (IESC) is a nonprofit organization, established in 1964 in the United States, with presence in over 130 countries, where it works on designing, implementing, managing, and evaluating, a wide range of projects and programs.