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Implementation of the exchange program Oil against food

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Implementation of the exchange program Oil against food

The Ministry of Agriculture has announced a three year agricultural recovery plan for strengthening the agriculture so that Haiti becomes capable to take part in the oil against food exchange program with Venezuela. The concerned minister said, use of agricultural products as currency is a good idea to pay debt for oil. However, to reach that stage, Haiti must increase its agricultural crops from present level so that after meeting the local consumption need we have enough for exchange. The ministry has already selected 16 products (such as, cocoa, coffee, peas, beans, banana, etc) to begin negotiation with Venezuela.

Tags: venezuela, petrocaribe, oil, Oil For Food

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