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Haiti Recovers

Travel & news discussion about Haiti

Haiti Recovers

Postby KarenS » Wed May 24, 2006 8:08 am

From Prensa Latina: "The Haitian government is moving to national economic improvement and recovering space in the Caribbean Community (CARICOM), with Haiti¬īs membership into the Caribbean Development Bank.

The first step towards Haiti¬īs integration to the regional bank authority will be a joint association agreement that it will sign with Trinidad and Tobago.

According to sources from that sector, monetary operations can be carried out in this French-speaking nation, because the new President Rene Preval¬īs administration is working to guarantee a way out of the serious crisis the country is undergoing.

CARICOM accepted Haiti again after the general elections in February, because after a coup d¬īEtat in 2004 against the former president jean Bertrand Aristide, the Community¬īs Board refused to recognize the interim Executive imposed.

Accountability of the successful statewide electoral process also allowed for recovery of the necessary help from other territories to stabilize the deteriorated national economy.

One of Preval¬īs recent successes was Haiti¬īs inclusion in PETROCARIBE, a Venezuelan energy program that includes the supply of oil and its derivatives to the Caribbean, with payment preferences."

As a result of that agreement, a ship from Caracas is already in Port au Prince, with 40,000 barrels of gasoline and 60,000 of diesel.
Karen for Caribbean-On-Line.com
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