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Hope Act
Expansion of HOPE II Act,Introduced in US Congress
A bill has been introduced to US congress for the expansion of Haitian Hemispheric Opportunity Through Partnership for Encouragement
HOPE II Act likely to extend deadline until 2030
It would certainly be a shame to stop the good work being done by the HOPE II Act project that has already seen to growth of the textile sector in the country. the current deadline for the act is 2018, but Senator Bill Nelson, in US Congress on February 12, introduced the notion of extending the HOPE II Act (Haitian Hemispheric Opportunity Through Partnership for Encouragement, and the HELP Act (Haiti Economic Lift Program), which expires in 2020. Both acts seek to be extended to 2030.
The HOPE Act duty-free access to the U.S. market, An opportunity for Haiti to export
Established in 2008 to help Haiti after the devastating 2010 earthquake, the Government of the United States gave Haiti something that other countries would only dream of. It is access to the US market, the biggest in the world. The HOPE Act provides for duty-free access for up to 70 million square meter equivalents (SME) of knit apparel (with some t-shirt and sweatshirt exclusions) and 70 million SMEs of woven apparel from Haiti.
There are some requirements to be qualified under the HOPE Act; however, this is an opportunity that can actually bring economic development for Haiti only if it uses it smartly
Hillary Clinton in visit in Haiti
Here is a picture of the United States Secretary of State Hillary Clinton during a visit in Haiti in a factory to observe the implementation of several development projects. These projects in the manufacturing industry in Haiti were made possible thanks to the new Haitian Hemispheric Opportunity through Partnership Encouragement Act or the Hope Act.
On 16 December 2006, U.S. Congress voted the "HOPE" Act in an effort to provide economic opportunities to the people of Haiti
One major thing is that the Hope Act opens the doors for Haiti to get free commercial access to the US market without any import tariffs or duties. They are mainly textile products.
As part of HOPE, the Haitian government gave up the rights to control products imported into the country