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Haiti - Economy : Haiti and the Dominican Republic strengthen their trade alliances
21/03/2022 09:57:30

Haiti - Economy : Haiti and the Dominican Republic strengthen their trade alliances
As part of the Binational Cooperation Program, "Coexistence" funded by the European Union through the Caribbean Regional Indicative Program of the European Development Fund (EDF), several trade support institutions in Haiti and the Dominican Republic seek to strengthen their strategic business alliances to explore best practices and increase formal trade between the two countries.

To this end, a meeting held last week by the Caribbean Export Development Agency (Caribbean Export) brought together representatives of the Dominican Federation of Chambers of Commerce and Production (FEDOCAMARAS), the Chamber of Industry and Commerce of Haiti (CCIH), the American Chamber of Commerce of Haiti (AMCHAM) and the Haitian Chamber of Commerce of Agriculture and Professionals (CHAGHA).

Meetings also took place with the Directors of the Santo Domingo Chamber of Commerce and Production; of the Chamber of Commerce and Production of Dajabón, as well as with representatives of the Dominican private sector in Santiago Rodríguez-Monción.

Antonio Ramos, Vice President of FEDOCAMARAS explained that Dominican companies are currently investing in commercial operations in Haiti to produce a wide variety of products to market in both countries.

Beatrice Ilias, Executive Director of the CCIH, said she was aware of the need to increase trade between the two nations and assured that binational trade was strengthening and growing every day.

Leonel Naut, Deputy Executive Director of Caribbean Export and Director of the Haiti - Dominican Republic Binational Program, considered that this meeting was a sign of commitment to maintain dynamism and strengthen good business practices between the two nations.

This meeting and activities were made possible thanks to the financial support of the European Union through the trade and private sector support component of the binational program under the 11th EDF, implemented by Caribbean Export. This initiative is part of the actions of the strategy which aims to improve the binational private-private dialogue, as well as to improve the competitiveness of Haitian and Dominican companies in order to consolidate institutional cooperation between the two countries.

Note that the Binational Cooperation Program, "Coexistence", is piloted in Haiti by the Office of the National Authorizing Officer of European Funds (BONFED) and in the Dominican Republic by the Ministry of Economy, Planning and Development (MEPyD), and is funded by the European Union under the Caribbean Regional Indicative Program (RIP) of the 11th EDF.

SL/ HaitiLibre

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