Cadexco reports 17% growth this year

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By Marco Echevarria

Exports would add up to more than $30 billion by 2024

Export sales grew in October by about 17% and this makes the sector expect to sell $30 billion by 2024.

The good results were achieved by high quality standards and adherence to sustainable production practices at the international level that stand out as key factors in the scope of these figures.

Despite this, the sector’s concern is growing in the face of the lag in infrastructure; the deterioration of public security; the alarming gap in education; the uncertainty of monetary policy and other country challenges that require urgent attention from the authorities.

The export sector continues to demonstrate that it meets the quality standards required by international markets. This growing participation in the global economy generates new opportunities in the already consolidated markets and in the new markets, for the benefit of the more than 650 thousand collaborators in exporting companies and indirect employment, said Victor Pérez, president of Cadexco.

He also stressed the importance of continuing to strengthen the diversification of destinations and the opening of trade through negotiations such as the FTA with the United Arab Emirates and Israel; and trade partnership agreements such as the recent ChipsAct, which will allow the country to attract new investment companies in the technological and semiconductor fields.

This article has been translated from the original which first appeared in La Republica