February 13, 2025 08:46 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
President's Rule imposed in Manipur days after N Biren Singh's resignation as chief minister | Ranveer Allahbadia's 'sex with parents' remark: Mumbai Police records statements of seven people including Apoorva Mukhija | Pakistan Army violates ceasefire along LoC, suffers 'heavy casualties' after Indian troops retaliate | PM Modi meets Tulsi Gabbard, calls her 'strong votary of India-US friendship' | It is time to stop this ridiculous war: Donald Trump calls Vladimir Putin, Volodymyr Zelenskyy to end Ukraine conflict | BJP yet to name Manipur CM after N Biren Singh's resignation, President's Rule loom large over violence-hit state | After AAP rout in Delhi, INDIA bloc faces new hurdle with Sharad Pawar irking Sena by honouring Eknath Shinde | 'Are we not creating a class of parasites?' Supreme Court makes strong observations on freebies by political parties | Narendra Modi, Emmanuel Macron jointly inaugurate Indian consulate in Marseille | Kerala nursing college horror: Five senior students arrested for torturing juniors, hanging dumbbells from private parts
Photo Courtesy: Unsplash

India and the Dominican Republic sign protocol to create Joint Economic and Trade Committee

| @indiablooms | Mar 14, 2024, at 04:32 am

New Delhi: India and the Dominican Republic Tuesday signed the protocol for the creation of the Joint Economic and Trade Committee (JETCO).

The protocol was signed by Minister of Foreign Affairs of the Dominican Republic Roberto Álvarez and Ambassador of India to the Dominican Republic Ramu Abbagani, on behalf of the Department of Commerce, at the Ministry of Foreign Affairs (MIREX) of Dominican Republic at Santo Domingo.

The Union Cabinet had approved the proposal for the signing of the protocol for establishment of JETCO on January 24, 2024.

The agreement, signed on the 25th year of the establishment of diplomatic relations between the two countries, is an important step to elevate the existing economic and commercial relations further, the Ministry of Commerce & Industry said in a statement on Wednesday.

“The protocol envisages to strengthen and develop cooperation on trade, services, industrial technologies and various other sectors by means of technical assistance, training programmes and capacity building,” the ministry said.

“It will be pivotal in mitigating challenges faced by the trade and industry and provide a platform for sharing of knowledge and best practices between the two countries,” it added.

India primarily imports gold from the Dominican Republic and exports pharmaceuticals, marine products, motor vehicles, two and three-wheelers, etc. to the country.

The first meeting of India-Dominican Republic JETCO is expected to be held soon, the ministry said.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
PM Modi on Budget 2024 Jul 23, 2024, at 09:30 pm