AACCLA Conference held to optimize Diaspora Investment in South Region Local Businesses

Haitian Prime Minister Evans Paul opened the Association of American Chambers of Commerce in Latin America and the Caribbean (AACCLA) on June 15th. The conference brought together 14 countries and almost 250 people to participate, centering on the theme "The Diaspora Investments in Latin America and the Caribbean". The focus at the conference was on how to funnel Diaspora investment to local businesses using best practices, and the economic initiatives to be developed to accomplish the goal.

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Many foreign senior-level speakers joined ex-Bolivian President Jorge Fernando Quiroga in delivering opening remarks. They represented the American Chamber of Commerce in Washington, D.C.; George Washington University; Heineken Americas; Western Union Caribbean; and the Inter-American Development Bank (IDB).

At the initial working lunch presented by Haitian Minister of Finance, Wilson Laleau, the theme revolved around development finance in emerging markets. A panel discussion took place on the motivating factors that encourage Diaspora involvement. Minister of Tourism and Creative Industries, Stephanie Villedrouin, introduced the Tourism Master Plan for Haiti, to be financed in part by private-sector funding.

The third day of the conference AmCham Haiti held a forum "Doing Business in Haiti". The discussion panels were about fortifying relations between the Diaspora and the private sector. A networking event "Business-to-Business Meetings" drew the participation of almost 200 business leaders from the U.S., the Caribbean, and Latin America in an effort to create business partnerships and stimulate economic growth in the South Region.

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