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The Business Council of the Alliance for Development in Democracy is The New Pillar of Leadership for the Region.
This Consultative Dialogue is an exceptional opportunity for business leaders and companies from ADD countries. The region has tremendous potential to collaborate on supply chain resilience building.
Costa Rica, Ecuador, Panamá, the Dominican Republic, and the United States of America have an opportunity to define the future of supply chains.
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Driving Economic Growth: the transformative impact of commerce, trade integration and democracy.
Recap video: Steven Puig, President, Minister of Commerce, Víctor -Ito- Bisonó, US Embassy in DR Chargé d’Affaires, IRI President, Daniel Twining
Santo Domingo, Dominican Republic - June 15th, 2023
The recent event held was an incredible success, surpassing all expectations as it brought together over 70 esteemed guests. The atmosphere was abuzz with excitement and anticipation, as renowned experts from the Inter-American Development Bank, the World Bank, influential leaders, and passionate individuals convened under one roof. The event proved to be a hub of knowledge exchange, networking opportunities, and inspiring conversations. The diverse range of attendees from various fields and backgrounds fostered a vibrant and engaging environment, enabling fruitful discussions and collaborations. With captivating keynote speeches, thought-provoking discussions, the event offered a wealth of valuable insights and practical takeaways.
Expocomer - Panama
The Business Council of the Alliance for Development in Democracy (ADD+USA-BC) was represented at the event by members of its Board of Directors. There was important support for this organization from the Panamanian and Dominican authorities. ADDUSA-BC held a meeting with government and private sector representatives of both countries within the framework of this activity, during which issues related to the Alliance for Development in Democracy (ADD) and the Business Council's development and consolidation plan were discussed in order to promote investment and strengthen our supply chains as a whole.
In the picture: Carlos Guillermo Flaquer, Celso Juan Marranzini, Min. Víctor Bisonó, José Ramón Icaza, Steven Puig and Roberto Herrera.
THE BUSINESS COUNCIL AT THE SUMMIT OF THE AMERICAS.
The IV CEO Summit of the Americas, held June 7-9 in Los Angeles, served as a backdrop to announce the high-level consultative dialogue on supply chains.
The meeting was attended by President Luis Abinader, on behalf of the Dominican Republic; José Fernández, Assistant Secretary of State of the United States; Richard Martínez Alvarado, vice president of countries of the Inter-American Development Bank (IDB); and the first U.S. corporate members of the Business Council: Joe Nuzzolese, vice president of Edwards Lifesciences LLC, Rolando Gonzalez Bunster, CEO & Chairman of InterEnergy, and Madelka McCalla, global vice president stakeholder relations of AES Corporation. Also in attendance were representatives of the U.S. government, trade ministers, foreign ministers, senior executives of multinational enterprises and multilateral development entities.
"There is tremendous potential to collaborate on building supply chain resilience in the region. Governments and the private sector must work closely together to diversify supply chains, and to do so, the countries of the Partnership for Development in Democracy and the DDA Business Council are excellent partners for the United States," said José Fernández, Secretary of State of the United States, at the event.
In the picture: HH Luis Abinader, President of the Dominican Republic, Steven Puig, Roberto Herrera and William Malamud.
EL ADD+USA BUSINESS COUNCIL AND ITS MEMBERS.
The ADD USA Business Council represents the private sector within the initiative of the Alliance for Development in Democracy, which was created in the framework of the seventieth UN General Assembly. In this assembly, the leaders of these countries expressed their interest in creating a common space for the exchange of opinions on the challenges facing the region to recover the path of post-pandemic development.
In the picture: William Malamud, José Ramón Icaza, Enrique Egloff, Samuel Conde, Steven Puig, Roberto Herrera and Richard Feinberg.
UNANIMOUS SUPPORT!
The presidents of the member countries and the high representatives of the government of the United States have fully supported the ADD+USA Business Council, which was conceived within the framework of the Alliance for Development in Democracy (ADD), and which was formed with the objective of seeking the economic development of its member countries, Costa Rica, Ecuador, the Dominican Republic and Panama, and raise the quality of life of their people.
U.S. President Joe Biden himself noted that the alliance represents "the kind of inspiring engagement" that will be critical to safeguarding shared democratic values across America in 2022 and beyond.
In addition, U.S. Vice President Kamala Harris said, "There are some basic principles that have guided our democracies for years: human rights, the rule of law, equality for all. Costa Rica, the Dominican Republic and Panama: you are doing that work today in our hemisphere, and our administration stands ready to partner with you on these initiatives."
“Costa Rica will assume a liaison role with U.S. governments, other countries and foreign investment promotion institutions.”
ENRIQUE EGLOFF
President of the Association of Latin American Industrialists of Costa Rica and founding member of the Business Council.
Ecuador joins the Business Council of the Alliance for Development in Democracy.
Robert Moss, President of the Business Council of the Alliance for Development Ecuador, said that the private sector is the engine of development of nations "this opportunity to join efforts among the private sector of our nations, where we promote together development in democracy, an environment of greater well-being and aim together at a fair, inclusive and sustainable development, it is unique, and we must take advantage of it."
Towards new links of the trade pillar of the Alliance for Development in Democracy.
The challenging context of the global economy, caused by the geopolitical conflicts that added to the post-COVID19 pandemic situation, has put pressure on the reconfiguration of global value chains (GVCs) and foreign direct investment (FDI) in the world. This represents opportunities for countries with the geographical characteristics, service infrastructure and capabilities of Central American and Caribbean countries, neighbors of the United States (its main market) and potential recipients of their companies to maintain operations and services in a close environment.
The four member countries of the ADD (Dominican Republic, Costa Rica, Panama and Ecuador) are, together, the third largest trading partner in the region, so among the strategic themes of the alliance are economic participation and trade structures, as well as investments in member countries.
ADDUSA-BC
About us.
The Business Council of the Alliance for Development in Democracy is a regional non-profit organization, which aims to promote the common interest of the countries that make it up and cooperate in building the resilience of long-term supply chains through initiatives to support the development of trade and investment among its member countries.
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