Purposes

The purposes of this Act are to promote and facilitate— (1) development of the Haitian private sector, particularly micro, small, and medium businesses, the agriculture, biodiversity, construction, energy, finance, manufacturing, and tourism industries, and U.S.-Haitian joint ventures, including the Haitian-American diaspora; (2) policies and practices conducive to Haitian private sector development through equity investments, feasibility studies, grants, guarantees, insurance, loans, technical assistance, and training; (3) an economic environment conducive for an accountable, transparent, and sustained democratic system of governance in Haiti, inclusive for its people, in coordination with the Global Fragility Act of 2019 (section 501 of title V of division J of Public Law 116–94; Stat. 3060); and (4) policies that engender conditions for an industrialized Haiti sufficient to ensure work at full employment levels meeting United Nations medium to high human development from human development index indicators for the people of Haiti, thereby reducing irregular migration flows from the country, a United States national security concern.