Doing Business in Haiti: 2019 Country Commercial Guide for U.S. Companies
Security Theme
State Stability and Infrastructure
Keywords
Political Stability, Haiti, foreign direct investment, open economy, trade, United States, legislation, President Jovenel Moïse
Description
Haiti, a highly open economy in the Caribbean, seeks foreign direct investment, particularly from the United States. Despite a challenging business climate, the country encourages foreign investment through legislation providing equal rights to local and foreign companies. President Jovenel Moïse has identified key sectors for development, including agriculture, energy, transportation, and water. The United States is a major trading partner for Haiti, importing $991 million in goods in 2018, primarily from the garment sector. Large-scale manufacturing operations and sectors like transport and telecommunications attract investors. However, Haiti faces economic challenges, including recurring protests since July 2018, contributing to a fragile political and economic situation. Modest economic growth, a deepening budget deficit, and vulnerability to natural disasters, such as the 2018 earthquake, further impact Haiti's economic outlook.
Doing Business in Haiti: 2019 Country Commercial Guide for U.S. Companies
Haiti, a highly open economy in the Caribbean, seeks foreign direct investment, particularly from the United States. Despite a challenging business climate, the country encourages foreign investment through legislation providing equal rights to local and foreign companies. President Jovenel Moïse has identified key sectors for development, including agriculture, energy, transportation, and water. The United States is a major trading partner for Haiti, importing $991 million in goods in 2018, primarily from the garment sector. Large-scale manufacturing operations and sectors like transport and telecommunications attract investors. However, Haiti faces economic challenges, including recurring protests since July 2018, contributing to a fragile political and economic situation. Modest economic growth, a deepening budget deficit, and vulnerability to natural disasters, such as the 2018 earthquake, further impact Haiti's economic outlook.
