Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Columns
Analysis by Rickey Singh  
February 20, 2010

Watch this investment summit on Haiti

Concerns over two-day Miami event

LAST week as the prime minister of Canada, Stephen Harper, and President Nicolas Sarkozy of France were on separate visits to earthquake-ruined Haiti, there were concerns about a United States of America private sector-initiated “investment summit” in Miami next month that would focus on economic reconstruction in that Caribbean Community member state.

Scheduled for March 9-10, the organisers and sponsors claim to be working on “reconstruction principles” identified at last month’s Montreal Conference on Haiti hosted by Prime Minister Harper.

However, Caricom, which participated in the Montreal Conference and which has been mandated by Haiti to function as its special advocate at international fora in relation to the country’s post-earthquake reconstruction, received no invitation or official information about this upcoming summit.

At the time of writing two days ago, the indication given was that it was “most unlikely” that Caricom would have an official present at the scheduled investment summit.

Instead, the Community is immersed in preparations, in collaboration with the Haitian administration of President René Préval, for the United Nations Donors Conference on Haiti currently being organised for late next month in New York.

While the Miami investment summit will be focused on garnering private contracts with an eye on security-related development, the UN’s upcoming conference on Haiti will reflect current concerns over “the scale and nature of the challenges we face not only on the relief side, but also the course for the recovery and development later on”, according to Under Secretary General for Humanitarian Affairs John Holmes.

In contrast, promotion of the two-day investment summit being organised for next month has pointed to the benefits that could accrue to private corporations from private discussions.

Engaging in customary humanitarian rhetoric, the organisers of the summit – a number of whom are linked to some big names in private security operations, and not all with flattering credentials – state, for instance, on its promotion website (www.investmentsummits.com/haiti) the following:

“The summit benefits from a proven event model that includes plenary addresses on key areas with the opportunity for private discussions between attending companies and the various international delegations in attendance….

The Agenda

“The format is aimed at ensuring that attending companies have the opportunity to meet with leading stakeholders and demonstrate the important roles they have to play in the aid reconstruction and redevelopment of Haiti, essentially making for a mutually beneficial multilateral relation forum…”

For co-author of the book Capitalising on Catastrophe, Nandini Gunawardena (the other author is Mark Schuller), “the event seems to allow private corporations, in various disguises, to talk up international humanitarian agencies and convince them how they would be best placed to bring in various services and undertake reconstruction tasks, essentially to make no-bid contracts and deals (as in the past) which promise to wreak further disruption and disempowerment in the lives of Haitians…”

Linking last month’s Montreal Conference on Haiti with the upcoming investment summit in Miami may be quite tactical on the part of the organisers. But are the objectives the same – to serve Haiti’s best interest in its post-earthquake reconstruction?

Doubts, and even warnings, are already surfacing among those with reservations about sponsors like the security firm Sabre International, in conjunction with the International Peace Operations Association (IPOA), described as a British “provider of business summits”.

It is hoped that should Caricom governments and private sector representatives be among invited participants who turn up for this investment summit, they will be quite vigilant in honouring their own policies and mandates – in the best interest of Haiti and the wider Community.

In the meantime, as new human tragedies continue to plague Haitians – the latest being the collapse of a school from a mudslide that killed four children, amid warnings of further dislocation from expected heavy rains – varying estimates are emerging on the enormous scale of international aid required for reconstruction and redevelopment of Haiti.

France’s “aid”

While the Montreal Conference on Haiti came up last month with a projected US$10-billion aid plan over five years, the Inter-American Development Bank, in its latest assessment, has declared that the level of economic assistance could require at least US$14 billion for what it has categorised as, proportionately, “the most destructive natural disaster of modern times”.

During their respective visits to Haiti last week, Canadian Prime Minister Harper announced a US$555-million reconstruction aid package over five years, and France’s President Sarkozy promised US$378 million in assistance.

That disclosure in Port-au-Prince prompted the Jamaica-born regional economist, Dr Norman Girvan, to juxtapose on his website that focuses on Caribbean political economy, Sarkozy’s announced US$378-million aid with the estimated US$22 billion owed by France as compensation to Haiti for the demands made for recognition of Haiti’s independence.

“The indemnity imposed by France,” Girvan noted in a media statement to coincide with Sarkozy’s visit to Haiti, “condemned the Haitian people to a cycle of indebtedness, environmental degradation and underdevelopment from which they have yet to recover.

“And if President Sarkozy were to make the restitution, in the name of all the decent people of the French republic, for this historic wrong, and support the efforts of the Haitian people to rebuild their shattered lives and economy, he would undoubtedly gain the respect of the entire world and be a prime candidate for the award of the Nobel Peace Prize for 2010…”

Sarkozy does not seem to be in such a courageous mood. Just think of the announced US$338-million aid from Haiti’s former ruthless coloniser compared with the level of interest shown and financial help already committed by, for example, Canada.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Nigerian military rescues 31 worshippers kidnapped during Easter church masses
International News, Latest News
Nigerian military rescues 31 worshippers kidnapped during Easter church masses
April 5, 2026
LAGOS, Nigeria (AFP)—The Nigerian military said Sunday it had rescued 31 worshippers seized from Easter celebrations in northwestern Kaduna state, tho...
{"jamaica-observer":"Jamaica Observer"}
Gordon steps aside from PAC, shadow cabinet amid JACDEN probe—Mark Golding
Latest News, News
Gordon steps aside from PAC, shadow cabinet amid JACDEN probe—Mark Golding
April 5, 2026
KINGSTON, Jamaica—Opposition Leader Mark Golding has announced that Chief Executive Officer (CEO) of JACDEN Dennis Gordon has been instructed to step ...
{"jamaica-observer":"Jamaica Observer"}
‘Irie Feelings’ hitmaker Rupie Edwards laid to rest
Entertainment, Latest News
‘Irie Feelings’ hitmaker Rupie Edwards laid to rest
April 5, 2026
KINGSTON, Jamaica—Rupie Edwards, the singer/producer who entered the British national chart in 1975 with Irie Feelings (Skanga) , was laid to rest on ...
{"jamaica-observer":"Jamaica Observer"}
Gov’t promises tech-driven, seamless experience at Biennial Jamaica Diaspora Conference
Latest News, News
Gov’t promises tech-driven, seamless experience at Biennial Jamaica Diaspora Conference
BY HOWARD CAMPBELL Observer writer 
April 5, 2026
KINGSTON, Jamaica—The Jamaican government has promised a delegate-friendly atmosphere for the Biennial Jamaica Diaspora Conference, scheduled for June...
{"jamaica-observer":"Jamaica Observer"}
Jamaica’s medal tally stands at 27 after Sunday’s first session at Carifta Games
Latest News, Sports
Jamaica’s medal tally stands at 27 after Sunday’s first session at Carifta Games
April 5, 2026
KINGSTON, Jamaica—Jamaica added five more medals- a gold, two silver and two bronze- on Sunday morning’s session at the 53rd Carifta Games, being held...
{"jamaica-observer":"Jamaica Observer"}
Leeds beat West Ham in shoot-out to reach FA Cup semis for first time in 39 years
International News, Latest News
Leeds beat West Ham in shoot-out to reach FA Cup semis for first time in 39 years
April 5, 2026
LONDON, United Kingdom (AFP)—Leeds reached the FA Cup semi-finals for the first time in 39 years as they survived a dramatic penalty shoot-out after s...
{"jamaica-observer":"Jamaica Observer"}
Trump appears to extend Iran deadline in cryptic post
International News, Latest News
Trump appears to extend Iran deadline in cryptic post
April 5, 2026
WASHINGTON, United States (AFP)—United States (US) President Donald Trump on Sunday appeared to extend by 24 hours his deadline for Iran to make a dea...
{"jamaica-observer":"Jamaica Observer"}
JTTA set to shine at Caribbean and Central American Championships
Latest News, Sports
JTTA set to shine at Caribbean and Central American Championships
BY KEDIESHA PERRY Observer writer 
April 5, 2026
KINGSTON, Jamaica—The Jamaica Table Tennis Association (JTTA) continues to strengthen its position on the regional stage as Jamaica participates in a ...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct