BVC April, 2016 - page 42

42 April 2016 - Business View Caribbean
Puerto Rico - Moving in the Right Direction.
By Alberto Bacó Bagué – Secretary of Economic
Development and Commerce of Puerto Rico
I am honored to serve Puerto Rico at a time of criti-
cal importance for its future and that of the region.
At a time when integration and globalization are fun-
damental to sustained growth, we are seeking new
ways to strengthen ties with our neighbors. A step in
the right direction has been our relationship with CARI-
COM, whose contributions to regional understanding
are a great example of collaboration, diligence and
leadership.
Puerto Rico is undergoing a second economic trans-
formation, from a manufacturing economy to a knowl-
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