After being passed in the US Senate on May 14 (97 votes to 1 vote against) the extension of the Trade Preferences Extension Act of 2015 (HELP/HOPE) has been adopted Thursday, June 11, by the U.S. House of Representatives (397 votes for 32 votes against).

In this vote the House approved the trade preferences bill, which includes a 10-year renewal of the African Growth and Opportunity Act (AGOA), retroactive renewal and an update to the Generalized System of Preferences (GSP) program and an extension of [10 years - until 2025] the Haiti HELP/HOPE program.

"Extension of the AGOA and the Haiti preferences program allows clothing and shoe companies to maintain business in those regions without disruption and with certainty that these key trade platforms will not expire," declared American Apparel and Footwear Association president and CEO Juanita D. Duggan.

"This will encouraged investment in haiti and support its economic development and recovery efforts," stressed U.S. Congressman Pat Tiberi.

For his part, Congressman Adrian Smith declared that "Trade with haiti. it is an important first step as we address trade today and tomorrow."

The Government of Haiti and the Investment Facilitation Center (CFI) say they are proud to have actively supported the successful efforts of the Association of Industries of Haiti (ADIH), for the extension of the Preferential Trade Agreement of 2015 (HELP/HOPE).

See also :

https://www.haitilibre.com/en/news-13879-haiti-economy-important-vote-in-the-us-senate-for-haiti.html

SL/ HaitiLibre