Haiti’s Mineral Fortune: Deliverance from Destitution? Reply

HaitiReposted from National Geographic
By Saleem Ali

Haiti — the poorest country in the Western hemisphere has been struck by natural misfortunes and malevolent foreign intervention for decades. As the first independent nation to emerge from resettled African slaves in 1804, Haiti held much promise at its inception. Yet the nascent Haitian state was beset by marginalization from its neighbors, particularly the United States. The American government did not even recognize Haiti until 1861 for fear that the slave rebellion against the French colonial masters that created the country might inspire similar upheaval in the Southern plantations. However, as America and the rest of the Hemisphere finally embraced civil rights in the twentieth century, Haiti became a major locus of interest for investment and development. During the Cold War, Western nations supported despotic elites to serve their own interests in the region but in recent years, there has been a more genuine commitment to helping Haiti climb its way out of poverty. More…

IMF Lowers Haiti Growth Forecast, Citing Weak Agricultural Recovery Reply

images-Business-haiti_flag_400_527237973Reposted from The Caribbean Journal

The IMF has lowered its growth forecast for Haiti to 3.4 percent from 6.5 percent, the Fund announced following the visit of a mission to Haiti.

Despite what it called a “relatively strong performance” of non-agricultural sectors, the IMF announced Wednesday that it had lowered its GDP forecast for Haiti, citing a “weak recovery of agricultural production.” More…

Haiti – Economy : Launch of the CARICOM Aid for Trade Strategy Reply

HaitiPosted from Haitilibre

Following the proposal of the Haitian delegation at the meeting in Montego Bay (July 2010), of the Council for Trade and Economic Development (COTED), of a structure of capacity building of the offer and trade-related infrastructure, of the regions of Caribbean ; the President Michel Martelly, in the presence of Wilson Laleau, Acting Minister of Trade and Industry, Pierre Richard Casimir, Minister of Foreign Affairs, Pascal Lamy, Director General of the World Trade Organization (WTO), Irwin Larocque, Secretary General of CARICOM and a hundred representatives of regional and international organizations, of Business of development and trade in the region ; officially launched Tuesday, June 11, 2013, at the Royal Oasis, the CARICOM Aid for Trade Strategy, a subset of the official assistance of developed countries and multilateral funding agencies to developing countries, in order to strengthen their participation in the multilateral trading system.

“My presence reflects my adherence to the economic development strategy of the region. This is through mutually beneficial trade exchanges, that we will be able to create massive jobs as desired, densify and diversify the regional productive fabric,” stressed the President Martelly who believes that only an exportable offer diversified of CARICOM countries can reduce the vulnerability of the region to external shocks, including the volatility of commodity prices and the fluctuating demand for key export products.

Photo Credit: Google Images

4th annual Haiti Business, Investment Expo & Conference Reply

HaitiReposted from Haitilibre.com

Haiti – Economy : 4th annual Haiti Business, Investment Expo & Conference
The Haiti Renewal Alliance (HRA) organizes its 4th annual Haiti Business, Investment Expo & Conference in Washington, DC, on June 6-7, 2013. For years, Haitians living abroad have hosted numerous gatherings in search for ways to have a positive impact on their homeland, both in response to urgent crises and sustainable development. Still, the collective potential of the diaspora has yet to be realized through a definitive structure. One group is hoping to change that. More…

Haiti – Economy : 4th annual Haiti Business, Investment Expo & Conference Reply

images-Business-haiti_flag_400_527237973Reposted from Haitilibre.com

The Haiti Renewal Alliance (HRA) organizes its 4th annual Haiti Business, Investment Expo & Conference in Washington, DC, on June 6-7, 2013. For years, Haitians living abroad have hosted numerous gatherings in search for ways to have a positive impact on their homeland, both in response to urgent crises and sustainable development. Still, the collective potential of the diaspora has yet to be realized through a definitive structure. One group is hoping to change that. More…

An Unlikely Location for Luxury Reply

300px-Haiti_mapReposted from The New York Times

The Pétionville suburb of Port-au-Prince, Haiti, has long been a tourism-friendly area, with a smattering of boutiques, galleries and restaurants

Now it is home to a Best Western Premier, the first of several of the hotelier’s upscale branded properties that are planned throughout the Caribbean. The $15 million hotel is also the first in the area affiliated with an American hospitality company since the Holiday Inn closed 15 years ago. More…

Haiti – Economy : Measures to achieve the rapid growth… Reply

HaitiReposted from Haitilibre.com

At the invitation of the Ministry of Economy and Finance, a workshop bringing together representatives of public institutions, of the main associations of the private sector, of the banking sector, of microfinance institutions and technical and financial partners was held on 24 and 25 May 2013, together with the Ministry of Planning and External Cooperation, in order to formulate a set of measures and actions likely to push the main sectors of the economic activity, to better contribute to the achievement of the goal of accelerated growth and poverty reduction. More…

PRNewswire Following Is a Test Release Haitian Prime Minister Lamothe Signs MOUs for increased trade and collaboration with Brazil Reply

HaitiReposted from Heraldonline.comM.em>

PORT-AU-PRINCE, Haiti, May 21, 2013 — /PRNewswire/ — Haitian Prime Minister Laurent Lamothe leaves Brazil’s capital city today following two days of meetings focused on strengthening ties with Brazil and encouraging private sector investments in Haiti’s developing economy.

Meeting with Defense Minister Celso Amorim, Lamothe was assured of Brazil’s long-term commitment to Haiti. After outlining a three-tier plan centered on “Law and Order, Political Stabilization and Haitian Development,” Amorim announced that the Brazilian military will create a military engineering unit within Haiti to develop infrastructure projects. “Although, Brazilian troops in Haiti have been drawn down to pre-earthquake levels,” said Amorim, “Brazil will not leave Haiti abruptly.” More…

Haiti – Economy : Towards the boosting of private investment in Haiti 1

images-Business-haiti_flag_400_527237973Reposted from Haitilibre.com

On Monday, the President Michel Martelly, Prime Minister Laurent Lamothe and Wilson Laleau Minister of Economy and Finance, participated in a panel discussion organized by the Private Sector Economic Forum and the Ministry of economy and Finance. This activity took place at the Hotel Karibe on the theme “Towards the boosting of private investment in Haiti”, brought together many personalities from the economic sector. More…