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France should repay billions of dollars in reparations to Haiti to cover a debt formerly enslaved people were forced to pay in return for recognising the island's independence, a coalition of ...
Haiti’s coerced compensation to France — often called the Independence Debt — exceeded 10 years of government revenue. It included payments for the value of the emancipated Haitians themselves.
The Baron de Mackau of France presenting demands to Jean-Pierre Boyer, President of Haiti, in 1825. The Haitian independence debt involves an 1825 agreement between Haiti and France that included France demanding an indemnity of 150 million francs in five annual payments of 30 million to be paid by Haiti in claims over property including Haitian slaves that was lost through the Haitian ...
In addition to the payment, France required that Haiti provide a fifty percent discount on its exported goods to them, making repayment more difficult. [5] In 1838, France agreed to reduce the debt to 90 million francs to be paid over a period of 30 years to compensate former plantation owners who had lost their property; the 2004 equivalent of ...
Having attained its independence from France in 1804 through a brutal and costly war, the case for reparations to Haiti was tenable. Shortly after that, France would demand that the newly founded Haiti pay the French government and enslavers 90 million francs for the "theft" of the enslaved people's own lives (compensated emancipation) and the ...
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In 2003, Aristide requested that France pay Haiti over US$21 billion in reparations, which he said was the equivalent in today's money Haiti was forced to pay Paris after winning independence from France 200 years ago. [14] [15]
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