The new company Industrial Revolution II LP (IRII) will receive a loan of up to $1 million from the Inter-American Development Bank (IDB), allowing it to retrofit and equip a garment factory in Port-au-Prince and train workers living at the base of the economic pyramid in Haiti. IRII’s project to introduce high-end manufacturing in Haiti is sponsored by an investment group that is headed by Joelle Berdugo Adler, the founder of the Montreal-based ONExONE Foundation, which operates in Canada, the United States and Haiti; Richard Coles, a Haitian textile executive, and Robert Broggi, a Boston-based finance industry executive. More…
Tag Archives: Canada
Trade minister making historic visit to resource-rich Myanmar Reply
By Natalie Stechyson
OTTAWA — International Trade Minister Ed Fast is embarking on a trade mission this week that will include a stop in Myanmar, making him the first Canadian trade minister to visit the resource-rich southeast Asian nation on official business. More…
Return of investors could propel Haiti’s growth Reply
Reposted from Caribbean 360
Forty years ago, Haiti had a slight economic advantage over the neighbouring Dominican Republic and investor confidence could place the embattled Caribbean nation back on a growth trajectory. More…
Haiti – Economy : Canada committed to strong economic partnerships Reply
Reposted from HaitiLibre
Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, announced that Bernard Valcourt, Associate Minister of National Defence and Minister of State (Atlantic Canada Opportunities Agency) (La Francophonie), will lead a trade mission to Santo Domingo and Port-au-Prince from September 2 to 7, 2012.
“I am pleased to lead a trade mission to the Dominican Republic and Haiti, where I intend to showcase Canadian expertise, services and products to a wide range of industry leaders, decision makers and potential clients and business partners, particularly in the infrastructure and agri-food sectors,” affirmed Minister Valcourt. More…
Growth to be the focus of ASEAN economic summit Reply

Cambodia’s ASEAN Economic Minister Cham Prasidh speaks at the Cambodian Economic and Trade Promotion Conference on April 6 at the Sofitel in Phnom Penh
By May Kunmakara
Prime Minister Hun Sen will be opening the 44th ASEAN Economic Ministers Meeting and related meetings will kick off August 27 in Siem Reap, the centre of Khmer culture and civilization in Cambodia, and will run to September 1, according to the Ministry of Commerce.
The meeting will be to discuss many topics concerned with trade liberalisation and economic cooperation among the 10 ASEAN member states. More…
Canadian leaders value Vietnam’s socio-economic achievements Reply
Reposted from VietNamNet Bridge
Canadian leaders have expressed their admiration for Vietnam’s efforts in boosting socio-economic development, stabilizing social welfare and reducing poverty. More…
Why Burma matters — and what Canada should do Reply
By Manfred G. von Nostitz and Hugh Stephens
This article was originally published on 3 April 2012
For most Canadians, Burma (or Myanmar) is an exotic and repressive country out in Asia somewhere between Thailand and India, run by a ruthless military junta primarily known for violently crushing any opposition and keeping Nobel Peace Prize winner and honorary Canadian citizen Aung San Suu Kyi under endless house arrest. More…
U.N. Chief Will Ask West to Lift Myanmar Sanctions 1
Reposted from The New York Times
By Thomas Fuller
NAYPYIDAW, Myanmar — When he addresses Myanmar’s Parliament on Monday, Ban Ki-moon, the secretary general of the United Nations, plans to urge Western nations to lift or suspend their remaining sanctions against the country.
Mr. Ban will be the first foreigner to address the Parliament since at least the beginning of military rule in 1962. A new Constitution and moves toward political liberalization have revived the legislature, which was moribund for decades. More…
Canada, EU suspend sanctions on Myanmar Reply
A day after the EU suspended most sanctions against Myanmar, John Baird, Canada’s Foreign Affairs Minister, announced Canada would follow suit, the Globe and Mail reported yesterday. Baird became the first Canadian foreign affairs minister to visit Myanmar last month and brought a message of support if political and economic reforms continued. Baird announced on Tuesday that Canada is “living up to our part of the bargain.” More…
After 50 years, there’s hope in Burma Reply
By Andrew Cohen
The other day Burma observed an unhappy anniversary. On March 2, 1962, General Ne Win seized power in a coup d’état, beginning a reign of folly and cruelty that has brought ruin to a once rich, civilized country.
Fifty years is an eternity for any people living under an authoritarian regime, particularly one as terrible as Burma’s, and particularly in a world opening to democracy. More…




