NASSAU, Bahamas — As CARICOM leaders grapple with the evolving Haitian Immigration crisis, a proposal by the ArawakX exchange is being circulated in prominent United Nations (UN) circles and has been endorsed by Dame Gloria Starr Kins, Dean of the UN Correspondents Association (UNCA), a professional organization of over 200 journalists from dozens of countries representing scores of publications and broadcasters from all regions of the world, plus the major global news agencies.
“We were invited to a meeting with Dame Gloria and other prominent UN officials and various prominent Haitians in New York city because there is a lot of concern on how Haiti is to develop, given their economic situation,” said D’Arcy Rahming Sr., Co-Founder of the ArawakX Exchange, in as press release on Sunday, February 12.
“We advanced the plan that properly structured capital markets are the way forward,” added Rahming. “The answer to Haiti’s crisis is commerce, not guns. We believe that the Haitians living in Haiti and the Haitian Diaspora are the best experts to fix their own economy. The ArawakX plan is simple: collaborate with international fund administrators who plan to develop Haitian businesses. The businesses will be properly vetted by ArawakX and after they become investable with the right corporate governance, the fund will serve for institutional and high net worth individuals to contribute internationally as lead investors. Then shares can be offered to the general public over the ArawakX platform, thus enabling financial inclusion.”
ArawakX has a powerful Fintech platform with which countries and municipalities can bring together resources in the private, public and non-profit sector to create quality deal flow between investors and people looking to raise money for businesses. The ArawakX exchange is regulated by the Securities Commission of the Bahamas.
Dame Starr Kins said, “Peace through economic development will create jobs for Haiti. Due to Haiti’s abundant natural resources, there is a need for more agricultural products for locals not just for export. There are also opportunities for investing in education and vocational schools.”
