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Haiti

Officially the Republic of Haiti and formerly called Hayti, is a country located on the
island of Hispaniola in the Greater Antilles archipelago of the Caribbean Sea, to the east
of Cuba and Jamaica and south of The Bahamas and the Turks and Caicos Islands. To
the south-west lies the small island of Navassa Island, which is administered by
the United States but claimed by Haiti as part of its territory.
Haiti is a free market economy with low labor costs and tariff-free access to the US for
many of its exports. Its major trading partner is the United States. Haiti has preferential
trade access to the US market through the Haiti Hemispheric Opportunity through
Partnership Encouragement (HOPE) and Haiti Economic Lift Program Encouragement
Acts (HELP) legislation, which allows duty-free access, for a variety of textiles, to the
US market.
Haiti has an agricultural economy. Over half of the world's vetiver oil (an essential oil
used in high-end perfumes) comes from Haiti, and bananas, cocoa, and mangoes are
important export crops. Haiti has also moved to expand to higher-end manufacturing,
producing Android-based tablets and current sensors and transformers.

Iran
also called Persia, and officially the Islamic Republic of Iran, is a country in Western
Asia. With 82 million inhabitants, Iran is the world's 18th most populous country. Iran is
home to one of the world's oldest civilizations, beginning with the formation of
the Elamite kingdoms in the fourth millennium BCE.
The economy of Iran is a mixed and transition economy with a large public sector. It is
the world's eighteenth largest by purchasing power parity (PPP). Some 60% of the
economy is centrally planned. It is dominated by oil and gas production, although
over 40 industries are directly involved in the Tehran Stock Exchange, one of the best
performing exchanges in the world over the past decade. With 10% of the
world's proven oil reserves and 15% of its gas reserves, Iran is considered an "energy
superpower."
Agriculture contributes just 10% to the gross national product and employs a sixth of the
labor force. About 9% of Iran's land is arable, with the main food-producing areas
located in the Caspian region and in northwestern valleys. Some northern and western
areas support rain-fed agriculture, while others require irrigation.
Iran's major manufactured products are petrochemicals, steel and copper products.
Other important manufactures include automobiles, home and electric appliances,
telecommunications equipment, cement and industrial machinery.
Iran has a long tradition of producing artisanal goods including Persian
carpets, ceramics, copperware, brassware, glass, leather goods, textiles and wooden
artifacts.

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