Warning of the End of the HOPE Act Could Increase the Flow of Haitians to the Dominican Republic Due to Unemployment

Economist warns that consequences could be more serious than expected
Economist Edita Rodríguez Salce warned that the expiration of the HOPE/HELP Act could have more severe effects than anticipated. She noted that this change would represent a hard blow to the Haitian economy and would affect both Haitians and Dominicans who work in the industrial park Compagnie de Développement Industriel S.A. (CODEVI). “Throwing as many people onto the street as a result of the 30% tariff increase, we are talking about brands like Victoria’s Secret, Calvin Klein and GAP, all of which produce in that free zone, and that is really worrying for us and of inestimable consequences, beyond what we are seeing”, the expert expressed.What is the HOPE/HELP Act
The Haitian Hemispheric Opportunity through Partnership Encouragement (HOPE) and Haiti Economic Lift Program (HELP) programs are U.S. initiatives designed to boost Haiti’s economy by exempting tariffs on certain products exported to the United States. Their main goal has been to encourage foreign investment and job creation, especially in the textile industry, allowing Haitian factories to export clothing and textiles without paying import taxes.
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The president of the free zone company Codevi, Fernando Capellán, remains optimistic about a possible renewal of the law. He pointed out that the White House supports the continuation of the legislation, since the conclusion of the program would not only affect Haiti, but also the supply chain of the United States.After the 2010 earthquake, the HELP program expanded its benefits to other sectors, in order to diversify the economy and support the country’s recovery.
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