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Haiti - Economy : ALBA will meet in Haiti early March in Jacmel 06/02/2012 14:24:42
Previously, President Chavez had invited the Haitian government to use the Unit System of Regional Compensation of Payments (SUCRE), a system used by member countries of ALBA for imported and exported products. Chavez explained that, for example, "if a Venezuelan importer buys textiles from Bolivia, he does not need dollars he paid in bolivars here, in a Venezuelan bank that gives these bolivars to the Central Bank of Venezuela, that, as part of SUCRE, transfers these funds to the Central Bank of Bolivia. Thus, the Venezuelan importer has paid goods in local currency. It's wonderful!" About the use of SUCRE, Ecuadorian President Rafael Correa, said that it was a powerful tool for trade within the Alba "We need to promote fair trade within the Alba and we must avoid the use of foreign currency [as heard U.S. dollars] in our exchange, currencies are a vulnerability for us." Cuban Chancellor, Bruno Rodriguez reported that the agreement signed with Haiti, included the creation of a humanitarian fund of "The Bolivarian Alliance for the Peoples of Our Americas - Treaty of Commerce of the Peoples (ALBA-TCP)" and also included, works and logistics for the recovery of this nation: infrastructure, transport, technical support and supply of fuel necessary in Haiti for the functioning of power plants in three regions of Haiti, in addition to continued support of existing funds Petro Caribe. See also : https://www.haitilibre.com/en/news-4892-haiti-economy-signature-of-an-important-framework-agreement-in-caracas.html S/ HaitiLibre
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