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U.S. initiative to generate 75,000 jobs in Haiti and 20,000 for Dominicans

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Published by bana2166- 12-18-06
news U.S. initiative to generate 75,000 jobs in Haiti and 20,000 for Dominicans

U.S. initiative to generate 75,000 jobs in Haiti and 20,000 for Dominicans
Santo Domingo.- An initiative recently approved by the United States Congress could energize the duty free zone sectors in Haiti and the Dominican Republic, by generating some 75,000 jobs in the neighboring country and over 20,000 in the Dominican national territory.
Dominican Association of the Duty- Free Zones? president and executive vice-president (ADOZONA) Luis Pellerano and Jose Torres said that this was a legislation that constituted a hemispheric opportunities act of sorts for Haitians, though incentives related to associative efforts.
The prerogative benefits Haiti above all, in that country?s exports of its products to the United States, while indirectly benefiting the Dominican Republic which has firms operating in duty-free zones within the neighboring territory, taking advantage of lower wages.
On such incentive is the plausibility to use textile fabrics from any part of the world in Haitian manufactures.
This is a benefit exclusive of Haiti and Nicaragua, with certain limitations for the latter.
Due to its critical economic situation, the measure is especially meant to assist Haiti.
The more than 20,000 jobs to be generated in the Dominican Republic are on account of pre-production and final touches of items.
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