Articles of Commerce

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New Markets Open Up to Promote Tourism in Cuba

Merca-Hostal

With the opening of new markets to promote tourism, the different private businesses in Cuba today increase their possibilities, according to official reports. A report on the initiative called Merca-Hostales points to two new establishments for these purposes, particularly for people who operate cheap hotels and need to make certain purchases for their proper functioning.

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Working toward more Cuban products in the tourism sector

ron mulata

The recently concluded International Tourism Fair (FITCuba 2018) marked record participation (3,000 participants from 62 nations). Through May 18, Cuba had received two million international visitors this year. The figures are promising, but they are no accident. Making Cuba an attractive, safe, and comfortable destination for its visitors, and ensuring a profitable tourism sector that in turn contributes to the development of the country, entails joint efforts.

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China and its challenge, looking to the future

china

In China, they say Mao Zedong made the country free, Deng Xiaoping made it “rich,” and Xi Jinping made it a superpower.

The current Chinese head of state, and his vision of how the giant country’s productive forces can be unleashed, has had a great impact among citizens, and his leadership consolidated, at the head of the government and the Communist Party of China (CPC).

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Cuba Takes First Steps in Online Trade

Cuba-ciego Montero bebidas

Cuban trade is currently undergoing a reformulation that includes online transactions, which will place the island in better positions for consumption indicators. A report issued on Monday in Cubadebate news website highlights that from next summer Cubans may buy online in Cuban pesos (CUP).

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U.S. organization supports Cuba’s struggles

us restricciones

In defiance of the U.S. government’s attempts to spread fear and discredit Cuba’s reputation as a safe country, members of the U.S. Non-governmental organization CODEPINK, visited the Caribbean island to show their opposition to the White House’s hostile policy. Speaking before national press outlets at the Havana headquarters of the Cuban Institute of Friendship with the Peoples (ICAP), the activists condemned the criminal economic, commercial and financial blockade imposed by the U.S. on Cuba.

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U.S. announces new restrictions on trade and travel to Cuba

restricciones eeuu

The United States government announced November 8 new restrictions on U.S. citizens interest in doing business with and traveling to Cuba, as part of the Presidential Memorandum which reverses key aspects of the process of rapprochement between the two countries.

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Foreign investment opportunities in Cuba

Mariel en feria

Transforming the economy and achieving a prosperous, efficient and sustainable society is Cuba’s aim. In order to do so, foreign investment is a fundamental source of development and an essential part of the country’s current strategy, stated Minister of Foreign Trade and Investment, Rodrigo Malmierca Díaz, during the presentation of the latest edition of the country’s Portfolio of Foreign Investment Opportunities 2017-2018, as part of the 35th Havana International Fair.

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The trade event for Cuba and the Caribbean

Feria de La Habana pabellon central

“The Havana International Fair (FIHAV) continues to consolidate itself today as a highly representative, multisectorial trade event in Latin America and the Caribbean,” stated Cuban Minister of Foreign Trade and Investment, Rodrigo Malmierca Díaz, upon inaugurating the event October 30.

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Díaz-Canel receives Indian Minister of Commerce and Industry

canel comercio e industrias

First Vice President of Cuba’s Councils of State and Ministers, Díaz-Canel Bermúdez, received the Honorable Suresh Prabhu, Minister of Commerce and Industry of India, this Monday, October 30, who traveled to the island leading a large delegation of businesspeople participating in the 35th edition of the Havana International Trade Fair.

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FIHAV 2017 open to the world

fihav2-16-colores

The 35th edition of the Havana International Fair (FIHAV 2017) begins today in the country’s largest fairgrounds, Expocuba, with 25 pavilions hosting exhibitors. Prensa Latina reports that attending are close to 3,000 international entities, 37 delegations from Cuba’s trade partners, 19 led by ministries, and 50 chambers of commerce and promoters of world trade, along with 300 domestic companies and institutions from all branches of the economy.