Haiti: Aid from Venezuela and Cuba

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What is the Preval/Alexis administration doing with all the money they received from foreign Aid: Where are the results."" Haiti has benefited in a rather solid economic partnership with Venezuela.

This recently-forged friendship between Venezuelan president Hugo Chavez and Haitian president Rene Preval has resulted in various economic agreements.

After a visit by Chavez in March 2007, Venezuela and Cuba announced a $1 Billion fund to develop energy, health, and infrastructure in Haiti.

As part of this deal, 4 power plants will be constructed in Port-au-Prince, Cap-Haitien, and Gonaives, increasing the country's power production by 160 MW by the end of 2007. An oil refinery will also be constructed in Haiti, with a production capacity of 10,000 barrels of oil per day. In the meantime, Venezuela has increased the amount of petroleum it provides Haiti to 14,000 barrels per day, at the same terms afforded to ALBA member countries - these terms are more favorable than the Petrocaribe terms.

Venezuela's assistance to Haiti is founded upon a historic act where the newly-independent Haiti welcomed and tended to first Francisco de Miranda, then to Simón Bolívar and provided both with military assistance in the liberation of much of South America.

Haiti's Latin American alliance provides the country with much of its foreign aid.[citation needed] Cuba has thanked Haiti for consistently voting in the United Nations General Assembly against the embargo put upon Cuba by the United States.""

Ti Maurice, March 3 2008, 1:42 AM

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