Our Bank Charter

Sovereign Bank Charter for “SourceEnergy Bank & Trust”

Purpose: To support the creation of an international free trade zone along the entire Haiti-DR border, using the CARICOM and CAFTA-DR trade agreements, and to expand to the Africa Free Trade Zone and connect the CDFI network in the United States.

Step by Step Functions:

  1. Establishment of “SourceEnergy Bank & Trust”: The charter will establish “SourceEnergy Bank & Trust,” a new sovereign bank, which will be responsible for financing and supporting the creation of the international free trade zone along the Haiti-DR border.
  2. Funding for the International Free Trade Zone: The bank will provide funding for the creation and operation of the international free trade zone along the Haiti-DR border. The funding will be used to support businesses, infrastructure, and other activities related to the free trade zone.
  3. Collaboration with CARICOM and CAFTA-DR Member States: The bank will collaborate with CARICOM and CAFTA-DR member states to ensure the success of the international free trade zone. This will involve working with government officials, business leaders, and other stakeholders to identify opportunities and overcome challenges.
  4. Expansion to the Africa Free Trade Zone: The bank will work to expand its operations to the Africa Free Trade Zone, which will involve providing funding and support for businesses and infrastructure in the region.
  5. Connecting the CDFI Network in the United States: The bank will connect with the Community Development Financial Institutions (CDFI) network in the United States to leverage its expertise and resources in support of the international free trade zone and the Africa Free Trade Zone.
  6. Focus on Sustainable Development: The bank will prioritize sustainable development in its activities, ensuring that the creation and operation of the international free trade zone and the expansion to the Africa Free Trade Zone are environmentally and socially responsible.
  7. Reporting and Accountability: The bank will report regularly on its activities and outcomes, and will be accountable to its stakeholders, including CARICOM and CAFTA-DR member states, the CDFI network, and the communities it serves.

Conclusion: The establishment of “SourceEnergy Bank & Trust” and the implementation of this charter will provide an important mechanism for financing and supporting the creation of an international free trade zone along the Haiti-DR border, as well as expanding to the Africa Free Trade Zone and connecting the CDFI network in the United States. Through its focus on sustainable development and collaboration with stakeholders, the bank will help to ensure that the benefits of the free trade zone are shared fairly and that the challenges are addressed in a sustainable and equitable manner.