A Dominican company will create thousands of jobs in Haiti Reply

The Clintons at the Caracol Industrial Park in Haiti

Reposted from Haiti Libre

The Dominican company “D’Clase Corporation” specializing in textiles, will expand its production activities in Haiti, with the installation of a garment factory in the new Industrial Park of North (Caracol).

José Clase, the President of “D’Clase Corporation” who participated in the opening ceremony of the Caracol Park, found positive the support of the Interamerican Development Bank (IDB), and the U.S. Department of State for improve the living conditions in Haiti. According to the Dominican entrepreneur, this park is the “most important effort to help reconstruct Haiti.” More…

Trade With Haiti of “Vital Importance” to Dominican Republic Economy Reply

The region near the Massacre River in the Dominican Republic

The region near the Massacre River in the Dominican Republic

Reposted from The Caribbean Journal

Trade with Haiti has become of vital importance to the Dominican Republic, according to Dominican Economy Minister Temistocles Montas.

The country’s strong relations with Haiti are not limited to trade, however, because migration flows have increased significantly, he said. More…

Haiti and Dominican Republic to Facilitate Trade With European Union Plan Reply

Reposted from The Caribbean Journal

The Dominican Republic has signed a $54.7 million agreement with the European Union for a programme of bilateral cooperation with Haiti aimed at promoting cross-border trade.

The agreement was signed by Ambassador Irene Horejs and Domingo Jimenez, National Coordinator for European Development Funds.

According to Jimenez, approximately $30.26 million will involve infrastructure support in the Dominican Republic’s northern corridor. More…

Haiti-Dominican Republic Border Region to Get EU Funding for Development Reply

EU Development Commissioner Andris Piebalgs

EU Development Commissioner Andris Piebalgs

Rejposted from the Caribbean Journal staff

The European Union will spend $95.8 million for projects and programmes in the Dominican Republic this year, primarily in the country’s border region with Haiti, according to Andris Piebalgs, EU Development Commissioner.

Peibalgs was speaking after a working meeting with Dominican Republic President Leonel Fernandez.

He also said the European Union had signed an “important” cooperation agreement with the Dominican Republic that will provide $62.3 million for major projects on both sides of the border between Haiti and the Dominican Republic. More…

Haiti – Economy : The Reserve Bank of Dominican Republic wants to open a branch in Port-au-Prince Reply

Reposted from haitilibre.com

A delegation of the Reserve Bank of Dominican Republic (BanReservas) led by Vicente Bengoa Albizu, its Director General, met last week at the headquarters of the BRH (Bank of the Republic of Haiti) the Haitian monetary authorities to respond to efforts initiated two years ago, to install a branch of the Dominican bank in the capital Port-au-Prince.

Was present at this meeting, Charles Castel, the Governor of the BRH, Charles Robinson, Superintendent, Michele Delerme, lawyer, Georgette Jean-Louis, member of the Board of the BRH. The Dominican delegation was composed of Silié Ruben Valdez, Ambassador of the Dominican Republic accredited in Haiti, Gloria Aquino, Financial Advisor, Claudio Peguero, Director General of the security and Sarah Marie Schettini, Financial Analyst of BanReservas. More…

Haiti – Economy : Cross-border trade, urgent problems to solve Reply

Reposted from haitilibre.com

At the Dominico-Haitian Permanent Forum II, held under the theme “The economic and trade relations between Haiti and the Dominican Republic” the Dominican economist, Apolinar Veloz noted that the transparency in bilateral trade between the Dominican Republic and Haiti is an “urgent” governmental task that should be developed on the basis of mutual economic benefits. More…