One of the worlds largest telecommunications company, Huawei of the People's Republic of China has expressed an interest in doing business in Antigua and Barbuda.
During an Official Visit to the People's Republic of China, Prime Minister the Hon. Gaston Browne met with members of the management team of the multi-billion dollar telecoms company Huawei and discussed avenues of cooperation in Antigua and Barbuda.
Prime Minister Browne advised the Huawei Chief executives that his government is determined to create an environment in Antigua and Barbuda that is conducive to profit generation and ease of doing business. He noted that the country's tax structure will be restructured to favour investments. The Prime Minister also outlined that Antigua and Barbuda is poised to become the economic powerhouse under his administration and it will be the gateway for conglomerates, such as Huawei to enter Latin American and Caribbean markets.
During the meeting, Huawei announced that they will be putting together a team to visit Antigua and Barbuda by mid-September to explore the possible collaboration with APUA PCS and the establishment of mobile, internet and cable television services.
In addition to being the larges telecommunications company in Europe and providing people across all geographic areas with ease of access to high-quality voice communications services, Huawei continuously focuses on bridging the digital divide through broadband, talent, and applications. The company promotes broadband availability everywhere and leverages future-oriented ICT technologies to address global challenges.
Minister Asot Michael, Minister of Tourism, Economic Development, Investment and Energy attended in Santo Domingo, Dominican Republic the most important investment trade show in all of Central America and the Caribbean. The event had hundreds of representatives from all over the world. During the investment Forum, he met with Secretary of State Jean Alain Rodriguez, Director of the Export and Investment Center of the Dominican Republic. The Ministers discussed the importance of attracting Foreign Investment to the Caribbean.
In the event that was headed by the President of the Dominican Republic, Danilo Medina, Minister Michael expressed the idea of making the Caribbean one destination for Foreign Direct Investment. The representative of Antigua and Barbuda expressed the variety of business opportunities available in our country and the government investment friendly atmosphere.
Alternative energy options was one of the main topics discussed by Minister Michael during his meetings, in which he agreed on a visiting program by business people interested making investments. Mr. Enrique Ramirez, Executive Director of the National Energy Commission of the Dominican Republic agreed to work with the Minister in looking for renewable energy options and promoting a national culture of energy conservation and efficiency.
The acting Minister of Foreign Affairs of the Dominican Republic, Ambassador Jose Manuel Trullos, invited Minister Asot Michael to a meeting during his visit to the Dominican Republic. In the meeting the Ministers discussed the interest to continue developing strong bilateral relations.
In the meeting Vice-Minister, Cesar Dargam and Ambassador Ivan Ogando, shared a series of projects that will benefit our nations in the areas of security, agriculture, tourism, sports and education. Adriano Herrera, the Dominican Republic Consul General in Antigua and Barbuda shared some of the progress made in trade and development.
Ing. Antonio Vargas, National Authorizing Officer for the European Development Funds, expressed his interest in jointly creating a development program that will benefit our countries with the support of the European Union. The creation of joint projects to promote regional integration will lead to more investment and development in the Caribbean.
The acting Minister of Foreign Affairs thanked Minister Michael for the cordial meeting and reminded him of the rich history and strong ties that our nations have shared for over 50 years.
The Minister for Regional Integration of the Dominican Republic, Mr. Miguel Mejia invited Minister Asot Michael to the Dominican Republic National Palace during his visit to the Dominican Republic. The meeting served to discuss the importance of our countries bilateral relations and the future visit of a Dominican Republic delegation to Antigua and Barbuda. Minister Mejia extended an invitation to Prime Minister Gaston Browne to visit the Dominican Republic. Minister Miguel Mejia expressed the interest of the Dominican Republic in the region and the different projects that are currently being developed. Minister Michael expressed the interest of Antigua and Barbuda to attract investments to Antigua and Barbuda. Ambassador Juan Guiliani Cury, said that the Dominican Republic views CARICOM as their natural partners in projects. Mr. Sadala Khoury, President of the Dominican Republic Exporters Association, expressed the interest of his sector to find partners to invest and promote exports. He recognized the advantages of manufacturing different products in Antigua and Barbuda. Minister Michael welcomed their interest in Antigua and Barbuda.
More and more official efforts between Dominican Republic and Antigua and Barbuda are intensified by the establishment of closer ties between the two nations, the prospect that their governments can generate positive transformations to be expressed at higher stages of economic and social welfare for both countries.
This intention was evidenced again with the visit of the Minister of Tourism, Economy, Development, Research and Energy of the Caribbean nation, Asot A. Michael, the engineer Antonio Vargas Hernandez, NAO European Funds for Development of the Dominican Republic .
When visiting Vargas Hernández, Minister of Antigua and Barbuda, was accompanied by Consul Honorariode his country, Ricardo D. Koening, and the Consul General of the Dominican Republic in the nation, Adriano Alberto Herrera Rodríguez.
During the desk, and Michael Vargas Hernández, addressed the relevance and need to create an instance of forward link inthe development of a Memorandum of Understanding establishing the coordination and cooperation necessary to ensure the development of both peoples.
They also expressed their aspiration and the possibility that later they can fulfill prior formal invitation, the Prime Minister of Antigua and Barbuda to Santo Domingo, in order that the said memorandum is signed at the highest level, ie, between it and Dominican President Danilo Medina Sánchez.
Another issue addressed in the important meeting of senior officials of the two countries, was regarding the interest and importance of the two governments to identify common projects to jointly manage funding through the European Union.
Both also discussed and agreed on how meaningful it would be feasible to visit Antigua and Barbuda Dominicans to investors, in order that they may explore potential markets for investments in the sister nation.