Dominican Republic - Georgia Department of Economic Development

GEORGIA – DOMINICAN
REPUBLIC
Economic Development
Connection
Government & Commerce
Trade Relationship
The Embassy of the Dominican Republic in
Washington, D.C. has jurisdiction over the state
of Georgia. José Tomás Pérez serves as
Ambassador to the United States.
The Dominican Republic joined the U.S. - Central
American Free Trade Agreement in 2007,
making more than 80% of U.S. exports of
consumer and industrial goods to the country
duty-free. Since the Dominican Republic’s
implementation of CAFTA Georgia’s exports to
the country increased by 71.5% (from 20072014), while U.S. exports to the Dominican
Republic increased by 30.2% (from 2007-2014)
In 2004, the Dominican Republic joined the
United States in the Dominican Republic-Central
America Free Trade Agreement. Originally, the
agreement was called the CAFTA and
encompassed the United States and the Central
American countries of Costa Rica, El Salvador,
Guatemala, Honduras and Nicaragua. After the
Dominican Republic joined the negotiations, the
agreement was renamed DR-CAFTA.
Georgia has one sister city agreement with the
Dominican Republic: Atlanta – Salcedo. The
relationship focuses on educational, cultural and
commercial exchange. Parque Atlanta, at the
entrance of the city of Salcedo, was dedicated in
2006 to honor the 10-year sister city partnership.
The Dominican International Association and the
Atlanta-Salcedo Sister Cities Committee
celebrated the Dominican Republic’s 168th
anniversary of independence in February 2012.
EXPORTS: In 2014, Georgia exports to the
Dominican Republic totaled $299.7 million. The
Dominican Republic is currently the 29th largest
export market for Georgia.
Top exports from Georgia to the Dominican
Republic include cereals, cotton, food
preparation items, soybean oilcake and other
residues, kraft paper and poultry.
Georgia leads the nation in the export of the
following goods to the Dominican Republic:
cereals and poultry.
IMPORTS: In 2014, Georgia’s imports from the
Dominican Republic totaled $71.34 million. The
Dominican Republic ranks 62nd among Georgia’s
import nations.
Top imports from the Dominican Republic
include articles of apparel and clothing, medical
instruments, sugars, insulated wire and plastics.
Capital Investment
There are at least 7 Georgia companies that have
operations in the Dominican Republic:
Delta Air Lines
EIS Inc.
Hooters of America Inc.
NCR Corporation
PrimeGlobal
Rollins Inc.
UPS
Transportation
Delta Air Lines offers daily direct flights from
Atlanta to Punta Cana and Santo Domingo.
The Georgia Ports Authority (GPA) in Savannah
has an established relationship with two ports in
the Dominican Republic. GPA offers two weekly
shipping services to Caucedo and one weekly
service to Rio Haina.
About GDEcD
The Georgia Department of Economic
Development (GDEcD) is the state’s sales and
marketing arm, the lead agency for attracting
new business investment, encouraging the
expansion of existing industry and small
businesses, aligning workforce education and
training with in-demand jobs, locating new
markets for Georgia products, attracting
tourists to Georgia, and promoting the state as
a destination for arts and location for film,
music and digital entertainment projects, as
well as planning and mobilizing state resources
for economic development.
*Information valid as of December 2015