No more oil from Venezuela for Haiti because of Trump

Jude Alix Patrick Salomon, the minister of the economy and finance, has revealed that the financial sanctions imposed by the Trump administration against Venezuela, including limiting banking transactions, have resulted in Venezuela no longer sending oil to Haiti since October 2017, because the Bank of the Republic of Haiti (BRH) is no longer able to make payments in foreign currency.

As a result, the PetroCaribe fund is no longer supplied and Haiti is deprived of this important source of low-rate financing, HaitiLibre reported.


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