Trade Agreements Between Haiti And The United States

Progress has been made in the ten years since the January 2010 earthquake devastated much of the country. With U.S. and international support, Haiti has achieved significant improvements in basic health indicators, including the crucial milestone of cholera cases confirmed in Haiti over the past nine months. More than 27,000 jobs have been created through programs to improve the competitiveness of the private sector and nearly 14,000 jobs have been created in the Caracol Industrial Park, thanks in part to the growth of the export apparel sector and trade preference programs for textiles and clothing produced in Haiti. With regard to its health and plant health measures (SPS), Haiti adopts the international standard of CODEX Alimentarius. Its national investigative body at the WTO is the Ministry of Agriculture, Natural Resources and Rural Development (MARNDR). And its national agency for investigating technical measures of trade barriers (OBT) is the Ministry of Trade and Industry. There are mandatory technical requirements for coffee, under the control of the Ministry of Trade and Industry, and for sanitary requirements, under the control of the hygiene code (1954). Technical regulations are similar to international standards (for coffee) and regional standards (for health requirements). To date, Haiti has not issued an SPS or TBT notification to the WTO.

The Republic of Haiti is considered a low-income economy. In the World Economic Forum`s Enabling Trade Report (2012), which measures institutions, policies and services to facilitate trade in countries, it ranks 128th out of 132 countries. More than 80% of the population lives in poverty. This situation was compounded by the devastating earthquake of 2010, when the economy was hit, the population is in sharp decline and political instability is increasing. Agriculture, forestry and fishing are key sectors of the economy and are the main source of employment for most population groups. Coffee, sugar and rice have traditionally been important agricultural raw materials, but they face fierce competition from imported raw materials. The manufacturing industry has developed and the tourism sector now offers many export opportunities. Finally, Haiti`s competitiveness and trade potential have been systematically hampered by non-tariff barriers, inadequate infrastructure and weak administration. The Caribbean nation of Haiti occupies the western third of the island of Hispaniola and shares a land border with its eastern neighbour, the Dominican Republic. The capital is Port-au-Prince.

The country`s economy is heavily dependent on trade relations with its neighbours, particularly the Dominican Republic and the United States. Although the business climate poses problems, Haitian legislation encourages foreign direct investment and the Haitian investment code offers local and foreign businesses the same rights, privileges and rights and protections. The Haitian government offers two types of foreign investment incentives: customs incentives and income tax incentives. The import and export policy is not discriminatory and does not rely on nationality. The United States is Haiti`s largest trading partner. A number of U.S. companies operate in Haiti, including commercial banks, airlines, oil and agricultural companies and U.S. factories.

Opportunities for U.S. companies in Haiti include: light manufacturing, particularly textile and clothing production; the development and trade of raw and processed agricultural products; Medical care and equipment The establishment and modernization of Haiti`s infrastructure; tourism development and related sectors such as art and crafts; Outsourcing business process; Improve capacity in waste management, transport, energy, telecommunications and export assembly. After the defeat of the Federalist Party in the presidential elections of 1800 in the