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Haiti, PetroCaribe

Nicolas Maduro Relaunches PetroCaribe Fund Program in Haiti

Photo Credit : Haitian Times

The Petrocaribe program will resume in Haiti in 2020, Venezuelan President Nicolas Madura announced on Dec. 14 at the closing ceremony of the 17th summit of the Bolivian Alliance for the Peoples of America (ALBA), according to a report from Juno 7. The aid program, created in 2005 by the late Hugo Chávez, allows member countries to buy Venezuelan oil on preferential payment terms as well as longer payment periods; however the program was suspended in June 2018.


Rachele Viard

Rachele Viard

Managing Editor at Haitian Times
Born into a Haitian family in Stone Mountain GA. , Rachele visited Haiti several times in her youth and connected to the country and the culture. She moved to Haiti in 2009, where she put her English degree to use as a writer, using her voice and pen to promote tourism in the country and highlight the richness of the Haitian culture and people.
Rachele Viard
Dec. 17, 2019

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