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Haiti, Dom Rep join forces to attract foreign investors

Published:Thursday | March 24, 2016 | 11:13 AM
Filke Only the sign and the tanker below it remained after the gas station was reduce to rubble in the 2010 earthquake in Haiti.

Haiti and the Dominican Republic have joined forces in a partnership to attract more foreign investment into both countries.

The agreement was reached during a recent workshop organised by the Caribbean Export Development Agency in Santo Domingo.

"It is a concrete step in the right direction, to achieve both countries' mutual objectives of enhancing their capacity and improving their cooperation in the field of trade and investment promotion," said Florence Van Houtte, representative of the Delegation of the European Union in the Dominican Republic.

The EU representative also underscored the importance of supporting economic co-operation between Haiti and the Dominican Republic, focusing on harmonising their economic relations and strengthening their socioeconomic development at regional and international levels.

In a press release, Haitian officials also said others have expressed interest in fostering investment climate with the French-speaking Caribbean nation.

Representatives of both Haiti and the Dominican Republic said they would put in place best practices in investment promotion and make use of case studies on improving

foreign investment.

According to a report

published by Nearshoreameri-cas.com this is good news for Haiti, which is still struggling to recover from the 2010

devastating earthquake.