FTA with Haiti?

[NewsWhore]

The possibility of a Free Trade Agreement (FTA) with neighboring Haiti is stirring a lot of enthusiasm in government and commercial circles. The National Council for Private Business (CONEP), the Young Entrepreneurs Association (ANJE) and the Minister of Industry and Commerce, Melanio Paredes, all expressed approval for such a deal. According to El Caribe, Conep president Lisandro Macarrulla emphasized the importance of a market such as Haiti for Dominican businesses, since it can be served by land routes. He warned, however, that the relationship between Haiti and the European Union needed to be analyzed. Melanio Paredes said that business with Haiti was worth some US$700 million, and pointed out that most of the obstacles to further trade would be eliminated.

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