![]() In 2021, the United States imported $1.10 billion in goods from Haiti, an increase of 33.7 percent from $827 million in 2020. The United States is one of Haiti’s top trading partners. Promote stability through social projects.Improve the infrastructure and quality of the education system, and.Reinforce water and sanitation infrastructure.Build energy, transportation, and port infrastructure.Increase agricultural production and improve the environment.Transform Haiti into an investment destination.Reform the state apparatus and maintain political and social stability.Prime Minister Henry and other interim government leaders have made public statements re-committing to the following priorities in 2022: Prime Minister Ariel Henry’s priorities are prosecuting major crime, reinforcing the police capacity, supporting the creation of an open and inclusive transitional government, responding to food insecurity, inflation, and unemployment, and organizing the elections. The brain drain affects all areas in Haiti. Due to instability and crises, trained professionals and graduates in Haiti are leaving the country, decreasing the availability of high-skilled labor and human capital. At the same time, the economy is expected to shrink slightly in 2022, while the government has limited ability to provide a fiscal stimulus to the economy. An interim Haitian government established following Moise’s assassination, among other things, responded to an August 2021 magnitude 7.2 earthquake that struck the southwestern part of the country, is investigating the assassination of the late President, expanding its COVID-19 vaccination efforts, working with the Haitian National Police to promote security and the rule of law, combating burgeoning gang violence, and coordinating with the international community to establish the conditions necessary for Haitians to vote as soon as conditions permit. Former President Moise was assassinated on Jand parliamentary elections scheduled for September 2021 were postponed. With the uncertain timing of national and local elections, it is anticipated that political instability and a more short-term economic policy focus will impede the effectiveness of an already opaque bureaucracy. Haiti continues to face significant challenges and civil unrest. Import and export policies are non-discriminatory and are not based on nationality. The Government of Haiti provides two types of incentives for foreign investment: customs duty incentives and income tax incentives. Although the business climate presents challenges, Haiti’s legislation encourages foreign direct investment, and the Haitian investment code provides the same rights, privileges, and protection to local and foreign companies. The country’s economy is heavily dependent on trade ties with its neighbors, particularly the Dominican Republic and the United States. ![]() ![]() The Caribbean country of Haiti occupies the western third of the island of Hispaniola, sharing a land border with its eastern neighbor, the Dominican Republic. Economic Development Organizations (EDO).Foreign Direct Investment Attraction Events.Facing a Foreign Trade AD/CVD or Safeguard Investigation?.
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