SANTO DOMINGO.- The Dominican Republic and the Inter-American Development Bank (IDB) will co-host the 5th Business Summit of the Americas, scheduled to take place on December 3 and 4 in the tourist destination of Punta Cana.
A statement specifies that the meeting, which will be held on the eve of the 10th Summit of the Americas, will bring together prominent business leaders and heads of state from across the region, with the aim of promoting private sector-led development.
"We are pleased to announce that, fulfilling our commitment to provide a space for dialogue between governments and the private sector, we will work together with the Inter-American Development Bank to host the 5th Business Summit of the Americas," said Roberto Álvarez, Minister of Foreign Affairs of the Dominican Republic.
According to the press release, the discussions will focus on key issues such as the responsible management of critical minerals, the conditions that encourage investment - including security - and the future of financial systems in Latin America and the Caribbean.
“Strong collaboration between businesses and governments is essential to fostering private sector-led development. The Business Summit of the Americas is a unique platform to turn dialogue into concrete opportunities in key areas of potential for the region. It is an honor to co-host this event with the Government of the Dominican Republic,” said Ilan Goldfajn, President of the IDB.
About the IDB
Prior to the event, more than 70 companies and business associations met in Santo Domingo as part of the Americas Business Dialogue (ABD), a private sector-led initiative facilitated by the IDB to promote high-level exchange between governments and businesses in the region. The meeting focused on finalizing recommendations for the Business Summit and the Summit of the Americas in general. This will be the fourth Business Summit organized by the IDB.
The Inter-American Development Bank (IDB) aims to improve lives in Latin America and the Caribbean. Founded in 1959, the IDB works with the region's public sector to design and facilitate innovative, high-impact solutions for sustainable and inclusive development. Leveraging financing, technical expertise, and knowledge, it promotes growth and well-being in 26 countries.
