Home / Knowledge / News / Apparel/Garments / Haitian PM invites Brazilian investment in garment sector
Haitian PM invites Brazilian investment in garment sector
28
May '13
Mr. Lamothe (R); Mr. Skaf (L)/ Haiti Libre
Mr. Lamothe (R); Mr. Skaf (L)/ Haiti Libre
Laurent Lamothe, the Prime Minister of Haiti, has urged Brazilian companies operating in the textile and garment sector to invest in Haiti.
 
Paying an official visit to Brazil, Prime Minister Lamothe met Mr. Paulo Skaf, president of the Federation of Industries of Sao Paulo (FIESP), the largest federation of Brazilian companies.
 
During his meeting, Mr. Lamothe said Brazilian companies can relocate to Haiti and reap huge benefits under the Haitian Hemispheric Opportunity through Partnership Encouragement (HOPE) Act, which allows duty-free access to the U.S. market for certain Haitian-made apparel and other articles.
 
The Prime Minster said he wants to create thousands of new jobs in Haiti through the apparel industry, according to Haiti Libre report.
 
Terming Haiti-Brazil relations as excellent, Mr. Lamothe said it is necessary for his Government to take steps to attract Brazilian investors in the country, as it would create thousands of jobs for Haitian people.
 
It was agreed that Mr. Skaf would lead a delegation of eight Brazilian companies to Haiti in July this year as a follow-up of the meeting with Prime Minister and explore investment opportunities in Haitian clothing sector.
 
Separately, a cooperation agreement between Haiti’s Investment Facilitation Center (CFI) and APEX-Brazil, the agency for promotion of Brazilian exports, was also signed during the visit.
 
The agreement is in sync with the vision of Lamothe’s Government to open Haiti for business, work for attracting new capital for economic growth and thereby increase the purchasing power of Haitians.
 
Under the agreement, the two nations agreed to work together to increase investment and trade relations between the two countries, while striving to promote, support, and encourage the exchange of trade delegations.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th May 2017

Indian textiles ministry promotes wool sector

The ministry of textiles has taken multiple steps to promote the wool ...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search