The Cable: Quality Television, Unlimited Calls to the US & Canada, 2MB High Speed Internet

Connect with WINN FM

Unit C24, The Sands Complex
Newtown Bay Road, Basseterre, St. Kitts, W.I.
Download Programme Schedule

Haiti seeks to revive agriculture through Venezuela food-for-fuel deal

 

PORT-AU-PRINCE, Haiti (HCNN): Haiti's government is seeking to boost the agriculture sector through an agreement that would allow the impoverished Caribbean country to invest funds owed to Venezuela for fuel imports in massive food production projects and pay part of the fuel bills with food exports, officials say.

In 2005, then Venezuelan president, Hugo Chavez, initiated the PetroCaribe agreement that allowed Latin-American and Caribbean member-countries to pay for 60 percent of the oil immediately, while the remaining 40 percent is financed at a one percent interest rate over 25 years.

Haitian President Michel Martelly and Prime Minister Laurent Lamothe have engaged in talks with the new Venezuelan leadership to allow Haiti to become part of a food-for-oil program, already negotiated by some other PetroCaribe members, such as Guyana. "We've been talking with Venezuelan authorities to seek an agreement that will allow Haiti to pay fuel bills with food products made in Haiti," Lamothe told HCNN on Monday.

Read full story here...

Add comment


Security code
Refresh


Top Regional Stories

Most Read Regional News - May 2014

  • 1
  • 2
  • 3
Prev Next

Caribbean Citizenship: Low-cost Access Schengen Area?

Monday 12th May, 2014 Hits:5099

Sourced Information

Search continues in St Vincent for missing accident victims

Saturday 17th January, 2015 Hits:4195

Sourced Information

Unrest In Aruba Brings Out Riot Police

Friday 3rd October, 2014 Hits:3895

Sourced Information

PM Adds Voice To Alleged CARICOM Embarassment Matter

Friday 3rd October, 2014 Hits:3869

Sourced Information

American Airlines Crash Landing Could Have Been Avoided

Wednesday 7th May, 2014 Hits:3595

Sourced Information

Public servants accept gov’t wage increase offer

Friday 19th December, 2014 Hits:3505

Sourced Information

UWP to take criminal court action in light of December poll

Thursday 15th January, 2015 Hits:3471

Sourced Information

Dominican Republic ‘seals’ border on Haiti turmoil

Friday 16th January, 2015 Hits:3376

Sourced Information

Senior counsel in Trinidad, Dana Seetahal murdered

Wednesday 7th May, 2014 Hits:3339

Sourced Information

Canadian courts go after Bahamas property in corruption probe

Thursday 15th January, 2015 Hits:3181

Sourced Information

CARICOM, Mexico Eye ' New Platform' For Bilateral Relationship

Friday 2nd May, 2014 Hits:3177

Sourced Information

PM Gonsalves Discharged From Hospital In Cuba

Saturday 4th October, 2014 Hits:3112

Sourced Information

Moving Swiftly, US Eases Travel And Trade Rules On Cuba

Friday 16th January, 2015 Hits:2846

Sourced Information

Jack's No-confidence motion against Howai fails

Saturday 24th January, 2015 Hits:2724

Sourced Information

Relatives Of St Lucia Hotel Confirm His Murder

Thursday 1st May, 2014 Hits:2670

Sourced Information





LISTEN AGAIN

WINN FM Evening News - 27th May, 2015

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

 

- Inside the News Saturday 23rd May, 2015 

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

 

- The Bigger Picture with Ken Richards May 24th, 2015

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

 

 

-The Operating Room-26th May, 2015

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.