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The protocol on the establishment of diplomatic relations between the Republic of Latvia and the Dominican Republic was signed on 15 August 2001 in New York, USA.
As of 16 July 2002, the Honorary Consul of Latvia to the Dominican Republic is Mr Pedro Teófilo Lama Haché.
Economic co-operation
Trade (according to data from the Central Statistical Bureau of Latvia)
2005 - Lithuania – USD 508,475,828 or 10.44% of Latvia's total exports;
- Estonia – USD 503,341,001 or 10.33%;
- United Kingdom – USD 495,507,397 or 10.17%;
- Germany – USD 491,767,487 or 10.10%;
- Russia – USD 402,303,286 or 8.26%;
âÀ¦
116. Dominican Republic – USD 164,702 or 0.00%. - Germany – USD 1,111,125,953 or 13.58% of Latvia's total imports;
- Lithuania – USD 1,102,421,169 or 13.47%;
- Russia – USD 735,127,202 or 8.98%;
- Estonia – USD 633,062,517 or 7.73%;
- Poland – USD 509,018,236 or 6.22%;
âÀ¦
109. Dominican Republic – USD 33,551 or 0.00%.
Latvia has a positive trade balance with the Dominican Republic of USD 131,151.
Main export commodities to the Dominican Republic by type of commodity in 2005
|
Type of commodity |
K USD |
Percentage of total exports |
|
Total |
164.7 |
100% |
|
Food industry products |
89.1 |
54% |
|
Timber and timber products |
63.70 |
38% |
Main import commodities from the Dominican Republic by type of commodity in 2005
|
Type of commodity |
K USD |
Percentage of total imports |
|
Total |
33.5 |
100% |
|
Food industry products |
33.5 |
100% |
Trade dynamics between Latvia and the Dominican Republic, 1998 - 2005, USD
|
Year |
Export |
Import |
|
1998 |
1,215,019 |
14,093 |
|
1999 |
- |
2,056 |
|
2000 |
- |
- |
|
2001 |
- |
4,032 |
|
2002 |
175,640 |
17,847 |
|
2003 |
- |
70,194 |
|
2004 |
31,127 |
37,454 |
|
2005 |
164,702 |
33,551 |

Investment (according to data from the Bank of Latvia and Lursoft)
As of the end of the first half of 2006, the Dominican Republic had not invested in the equity capital of Latvian-registered companies.
As of 15 August 2006, no Latvian - Dominican joint ventures were registered with the Register of Enterprises of the Republic of Latvia.
Brief information on the Dominican Republic
|
Official name of the country |
The Dominican Republic |
|
Capital |
Santo Domingo (2.4 million inhabitants) |
|
Area |
48,442 sq. km |
|
Population |
8.6 million (2001) |
|
Official language |
Spanish |
|
Religion |
Roman Catholic - 95% |
Contact information
Honorary Consulate of the Republic of Latvia in the Dominican Republic
Mr Pedro Teófilo Lama Haché, Honorary Consul
Address: Calle Gaspar Polanco No 119, Santo Domingo, Dominican Republic
Telephone: (809) 255-0802, extension 113
Fax: (809) 255-0379
E-mail: lvconsulate@codetel.net.do
Scandinavian-Baltic Chamber of Commerce in the Dominican Republic Dr Kian Abolfazlian, President Lic. Miguelina Tejada, Administrator Address: c/o Maersk-Sealand, Calle José Amado Soler #49, Edificio Gampsa, Piso1+2, Ensanche Piantini, Santo Domingo, Republica Dominicana Telephone: (809) 732-1234 #2005 Fax: (809) 541-2743 E-mail: admin@scanbaltdom.org; dmnclm@maersk.com Website: www.scanbaltdom.org
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