The Resource The Haitian Economy and the HOPE Act

The Haitian Economy and the HOPE Act

Label
The Haitian Economy and the HOPE Act
Title
The Haitian Economy and the HOPE Act
Contributor
Subject
Genre
Language
eng
Summary
In December 2006, the 109th Congress passed the Haitian Hemispheric Opportunity through Partnership Encouragement Act of 2006 (HOPE I) to assist Haiti with expanding trade in the onetime thriving apparel industry as a way to stimulate economic growth. The act provided special rules for the duty-free treatment of select apparel imports from Haiti made from less expensive third country inputs (e.g., non-regional yarns, fabrics, and components) provided Haiti met rules of origin and eligibility criteria that require making progress on worker rights, poverty reduction, and anti-corruption measures. Early assessments of the effectiveness of HOPE I, however, were disappointing. The 110th Congress responded by amending HOPE I with HOPE II, the Hemispheric Opportunity through Partnership Encouragement Act of 2008. HOPE II extended the preferences for 10 years, expanded coverage of duty-free treatment to more apparel products, particularly knit articles, and simplified the rules to make them easier to use. In providing preferential access to Haitian apparel imports, the HOPE Act gives Haitian firms a competitive (price) advantage over other foreign producers who must pay U.S. duties on apparel exports made from yarns and fabrics supplied by non-regional (e.g., Asian) producers. Improved competitiveness of the apparel business is intended to attract long-term investment to Haiti's primary export industry as part of a broader strategy to achieve sustainable economic growth and stability. HOPE II also amended the eligibility requirements by requiring Haiti to create a new independent Labor Ombudsman's Office and establish the Technical Assistance Improvement and Compliance Needs Assessment and Remediation (TAICNAR) Program within 16 months of enactment of the legislation
Member of
Cataloging source
DTICE
http://bibfra.me/vocab/lite/collectionName
HeinOnline
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
Hornbeck, J. F
http://library.link/vocab/subjectName
  • Haiti
  • Tariff preferences
  • Textile industry
  • United States
  • Haiti
  • Haiti
  • United States
Target audience
adult
Label
The Haitian Economy and the HOPE Act
Instantiates
Publication
Note
Congressional rept
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
318693406
Extent
1 online resource (22 pages)
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
c
System control number
(OCoLC)318693406
Label
The Haitian Economy and the HOPE Act
Publication
Note
Congressional rept
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
318693406
Extent
1 online resource (22 pages)
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
c
System control number
(OCoLC)318693406

Library Locations

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