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Home » Dominican Republic and Spain sign €110M agreement
Dominican Republic and Spain sign €110M agreement
DOMINICAN REPUBLIC May 15, 2025

Dominican Republic and Spain sign €110M agreement

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Santo Domingo.- The governments of the Dominican Republic and Spain have signed the agreement of the 10th Meeting of the Spanish-Dominican Joint Cooperation Commission, establishing the Sustainable Development Partnership Framework 2025–2029. This new framework outlines joint efforts in priority areas, such as rule of law, human rights, education, employment, gender equality, sustainable land use, and climate resilience.

The agreement, signed by Dominican Foreign Minister Roberto Álvarez and Spain’s Secretary of State for International Cooperation, Eva Granados Galiano, includes a projected Spanish contribution of €110 million. Of this, €70 million will be provided as reimbursable financing through FONPRODE/FEDES for sanitation and waste management projects, while €40 million will be non-reimbursable aid managed through cooperation mechanisms.

Both countries reaffirmed their commitment to effective, transparent collaboration. Spain emphasized its longstanding cooperation with the Dominican Republic, now implementing €95 million in development projects across various sectors. The new partnership aligns with the 2030 Agenda and Sustainable Development Goals, further strengthening the nations’ historic ties.

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