Trade Watch V8 No 3 July 2014

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5 Tradewatch • The Official E-Newsletter of the Caribbean Export Development Agency • Vol. 8 No. 3 July 2014
INVESTMENT PROMOTION
Caribbean Export continued its efforts to support the
attraction of Foreign Direct Investment (FDI) through the
provisionofofficeequipmenttoHaitianinvestmentpromotion
agency (IPA), Centre for Facilitation of Investments of Haiti
(CFI). The Agency made the presentation to CFI along with
its funding partners the Delegation of the European Union
in Haiti, the European Development Fund (BONFED) and the
Ministry of Commerce and Industry of Haiti on May 27, 2014
at the Centre’s headquarters in Port-au-Prince, Haiti.
Deputy Director of the Haiti-Dominican Republic
Binational Programme at the sub-regional office of
Caribbean Export, Yolette Azor, presented the donation to
CFI General Director, Norma Powell on behalf of the Agency
and its partners. Ambassador Javier Nino Perez, Head of the
Delegation of the European Union in Haiti, together with
Jean Edner Nelson, National Authorizing Officer (NAO) in
Haiti for the European Development Fund (BONFED) and M.
Frank LAORSE, Director of Foreign Trade from the Ministry
of Commerce and Industry of Haiti were also in attendance.
The CFI had been experiencing a negative impact on its
productivity and efficiency due to lack of basic functioning
material resources. As the Agency aims to compete with
global IPAs and to satisfy the rigorous communication
demands of the modern context, the lack of resources was
identified as a major barrier. Constant communication and
dissemination of information is critical to the evolution and
success of IPAs, particularly in emerging markets such as the
Caribbean. The donation, which has an approximate value
of USD$50,000 and comprised of desktops, UPS, laptops,
tablets, printers, scanners and portable projectors, is hoped
to alleviate some of these challenges.
The complement of technology is also intended to enhance
CFI’s technological platform and the computer literacy of its
staff in accordance with the standards of today’s industry. In
particular, the initiative is specifically aimed at strengthening
the department of investment promotion to be able to offer
investors adequate services to facilitate the establishment
and the expansion of FDI in the country.
Caribbean Export Contributes to CFI Donation
From Left: Yolette Azor, Deputy Director of the Haiti-Dominican
Republic Binational programme; Ambassador Javier Nino Perez, Head
of the EU Delegation Haiti; Norma Powell, CFI Gerneral Director; and
Jean Edner Nelson, NAO in Haiti during the ceremony
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The donation of the equipment constitutes a part of the Trade
Component of Caribbean Export’s Haiti-Dominican Republic
Binational Programme, funded by the EU in the framework of the
10th EDF. The purpose of the programme is to facilitate cooperation
between the public and private sectors of each country in order
to strengthen trade, investment promotion, customs, and more
generally, the private sectors of both countries”.(TW)
Deputy Director Yolette Azor giving remarks during the presentation
ceremony