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.

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 - November 2014

  • 1
  • 2
  • 3
Prev Next

Bahamas PM Defends Hotel Sale To Chinese

Saturday 1st November, 2014 Hits:980

Sourced Information

Mom, Two Sons Murdered As They Pleaded For Their Lives

Tuesday 4th November, 2014 Hits:916

Sourced Information

Trinis Trying To Fight For ISIS: More Want To Go

Monday 3rd November, 2014 Hits:876

Sourced Information

Independence Boycott By Antigua Opposition Described As An "Act Of Treason"

Tuesday 4th November, 2014 Hits:825

Sourced Information

Former Jamaican PM Awarded J$12.5M In Libel Case

Saturday 1st November, 2014 Hits:815

Sourced Information

Caribbean Leaders Agree On 10 Point Plan To Tackle Ebola And Chikungunya

Wednesday 5th November, 2014 Hits:759

Sourced Information

Opposition Leader Sued

Saturday 15th November, 2014 Hits:742

Sourced Information

Third Body Found

Wednesday 12th November, 2014 Hits:720

Sourced Information

CARICOM Meeting On Ebola And Chikungunya To Take Place In Trinidad On Tuesday

Monday 3rd November, 2014 Hits:717

Sourced Information

St Vincent reeling from three murders committed in 15 hours

Monday 10th November, 2014 Hits:716

Sourced Information

Million Dollar Mosquitos

Thursday 6th November, 2014 Hits:702

Sourced Information

Grenada PM Reshuffles Cabinet

Friday 14th November, 2014 Hits:701

Sourced Information

Thousands Gather For UWP 'Victory For Change' Political Rally

Tuesday 11th November, 2014 Hits:698

Sourced Information

Lower House Approves To Curb Late Night Loitering By Children

Friday 7th November, 2014 Hits:693

Sourced Information





LISTEN AGAIN

 - WINN FM Evening News - 19th Nov., 2014

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.

 - Commentary by Rodney Baptiste- "Tribute to Kevin 'Broadie' Newman"

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 15th November, 2014

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 16th November, 2014

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 11th November, 2014

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.