PORT-AU-PRINCE, HAITI — On Oct. 24, the Chamber of Conciliation and Arbitration of Haiti (CCAH) and El Centro de Resolución Alternativa de Controversias (CRC) of the Dominican Republic, signed a memorandum of understanding (MOU) to improve the business relations between both countries. It is envisioned that the MOU will enable greater dialogue and the exchange of mutual assistance offered to their nationals improving the overall business relations of both countries.
Conducted in the presence of the Ambassador of the European Union in Haiti, Vincent Degert; President of the Justice, Human Rights and Public Security Committee of the Lower House, the Deputy Price Cyprien; the President of the Haitian Chamber of Commerce and Industry, Frantz Bernard Craan; the President of CCAHA, Mr. Wilhelm Lemke; the President of the CRC, Mr. Ricardo Koenig; the Deputy Executive Director of Caribbean Export, Mr. Escipion Oliveira and representatives of the Haitian judiciary, the signing of this agreement was warmly applauded.
“In today’s world characterized by the globalization of trade, cooperation has become a must“ said Wilhelm Lemke, President of the CCAH. According to him, the time has come for these organisation, namely the one he leads and the CRC, to “collaborate for purposes of common interests”, hence the need to build the “Haiti- DR Binational Arbitration Platform”.
This platform, which marks an important first in the trade relations between Haiti and the Dominican Republic, will allow “exchanges of information, statistical and legislations officially in force; the establishment of methods and standards of arbitration procedures, conflict resolution in all fairness; and the standardization of skills for viable and productive operational and administrative management.” In this regard, CCAH and CRC intend to create a more conducive business environment while amicably managing future disputes with alternative dispute resolution methods such as arbitration and mediation.
In the same vein, Mr. Ricardo Koening, president of CRC, pointed to the usefulness of such an agreement.
“I am convinced that the creation of this space will facilitate the resolution of the trade conflicts that could arise in the framework of the negotiations existing in the two countries,” he declared, while promising strict compliance with the provisions of the said agreement.
Latest posts by Haitian Times (see all)
- Places in the list of top destinations for retirees in 2020!!! - Jan. 22, 2021
- 5 TIPS FOR CHOOSING AN ONLINE COLLEGE - Jan. 22, 2021
- Atletico Madrid: Luis Suarez: The gift Barcelona gave to Atletico to win LaLiga Santander - Jan. 22, 2021