Eighth Petrocaribe Summit Yields Trade Agreement Deal for Haiti
Eighteen countries constitute the Petrocaribe, a consortium of South Region nations. This year's summit was held on June 28th and 29th. President Nicolas Maduro of Venezuela chaired the discussion panel and addressed the proposal of government of Haiti (GOH) for a trade program between the two countries. With the creation of an economic zone, it will be possible to increase Haiti's oil usage from 14,000-20,000 barrels per diem to a more beneficial quota.
In addition to increased agriculture out-put, the oil procured from Venezuela will improve Haiti's labor market and exports. With exchange oil, Haiti hopes to produce and export staples such as rice, peas, red beans, corn, honey, and sugar grown on Venezuelan-subsidized farms.
Lamothe spoke about the economic trade zone to be developed to the media. He said this exchange will help regenerate the ailing agriculture sector, provide more jobs, and lift Haiti out of chronic poverty. To be off the failed states index is an urgent goal of the GOH. He added Guyana and Nicaragua have an exchange program that has produced significant results in lowering the poverty level in that nation. Haitian President Michel Martelly was also in attendance at the summit.
All Comments (2)
la plus belle femme du monde ne peut donner que ce qu'elle a. Haiti n'a jamais paye sa facture petroliere avec les recettes provenant de ses exportations de biens agricoles durant toute son histoire moderne, soit plus de 75 ans. Or, ce deficit s'est agrave ces temps derniers.
Avant petrocaribe, la facture etait payee regulierement et le petrole achete au Venezuela, il faut le signaler, par une combinaison entre les recettes des transferts directs, les exportations et l'aide internationale.
Si Petrocaribe deviant "un tracas economique", retournons aux anciennes formules.
Il faudra de plus mesurer les consequences d'un marche libre avec les Membres de Petrocaribe versus les autres aides aux commerces
this is nice. build big hotels for the rich to see how poor the country is. so that they will invest.?
how bout invest in housing for the poor and move them off the land that they are on and show the world that Haiti is moving forward with or without sightseers..
no co. in there right mind will ever invest long term in Haiti without 1st seeing something being done about the crime, housing,roads, laws not being upheld, flooding.
stop kidding yourself Haiti.
Leave a ReplyName (required) E-mail (required, will not be published)
Our objective is to share with you news and information about Haiti and the people of Haiti. Traditions, habits and the way we were or grew are alive in this site. We highly recommend that you Subscribe to our Newsletter and also share with us some of the things that are memorable and made us unique people.