Antonio Tajani, Italy’s Minister of Foreign Affairs, attended a business meeting focused on strengthening economic ties between Italy and the Dominican Republic. The event, held at Villa Madama in Rome, featured President Luis Abinader of the Dominican Republic and aimed to foster economic cooperation between the two nations.
The meeting included speeches from both Tajani and Abinader, along with contributions from other officials, such as Giorgio Silli, Secretary-General of the Italian-Latin American Institute (IILA), and José Ignacio Paliza, the Dominican Minister of the Presidency. A round-table discussion followed, allowing business leaders from both countries to present collaborative opportunities in their sectors. The gathering concluded with a networking lunch.
Recent trade statistics indicate a significant increase in commercial relations between the two countries. From 2019 to 2025, trade grew by 46.2%, reaching 595 million euros in 2025. During that year, Italian exports to the Dominican Republic amounted to 518 million euros, while imports totaled 78 million euros. Italy is now the Dominican Republic’s second-largest European trading partner, following Spain.
The Dominican Republic is experiencing robust economic growth, with annual rates exceeding 5%, positioning itself as a logistics hub for North America.
