CE- Annual Results Report 2023 FINAL

BOOSTING TRADE BETWEEN HAITI AND THE DOMINICAN REPUBLIC

Despite their geographical proximity, Haiti and the Dominican Republic have historically grappled with economic imbalances and limited trade cooperation. Trade between the Dominican Republic and Haiti was estimated to be US$5,323.2 million between 2018 and 2023, from which approximately US$842 million corresponded to 2023 according to ProDominicana, the trade and investment promotion agency of the Dominican Republic. Strengthening the economic and commercial cooperation between Haiti and the Dominican Republic lies at the heart of the Haiti – Dominican Republic Binational Programme implemented by the Agency which came to an end in July 2023. The objectives of the programme were to:

Nurture the development of economic and commercial cooperation between the nations through the use of agreements that benefit both parties.

Support initiatives which focus on the local development and sustainable resources of both countries.

Strengthen the capacities of invested public institutions and private sector entities in their efforts to create a favourable environment for trade and commerce between the two nations.

36 | CREATING A BOLD NEW CARIBBEAN | RESULTS REPORT 2023