Articles of Economy

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EU, Cuba work to Strengthen Relations, assured Mongherini

mogherini-cuba

The European Union (EU) and Cuba are working today to strengthen bilateral ties based on respect and dialogue, assured the High Representative of the bloc for Foreign Affairs and Security Policy, Federica Mogherini. During her speech before the regional parliament, the head of the European diplomacy stressed the importance of the first joint council with the Caribbean nation,

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Cuba to Show Diversified Offer at Paris Tourism Fair

MapPro

Cuba will exhibit a diversified offer at the Paris International Tourism Fair, MAP 2018, taking place from March 15 to 18, industry authorities informed. It is expected a greater positioning of the island in France in order to diversify new products and modalities to market, such as diving, navigation, nature, tours, heritage cities, events and incentives, cultural and health tourism

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OPEC Promotes Hydraulic Investment in Trinidad, Cuba

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A cooperation project between Cuba and the Fund of Petroleum Exporting Countries (OPEC) boosts today the main hydraulic investment of this Cuban heritage city with a cost of $25 million USD. The credit use by experts from the National Institute of Hydraulic Resources (INRH), will make it possible to improve the water supply and sanitation system of the third village founded by the Spaniards in Cuba

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Can Recycling, a Novel Issue at Cuba Industry 2018

reciclaje-envases

The recycling of cans and boxes will be one of the novelties at the 3rd Congress of Containers and Packaging that will take place from June 18 to 22 in this capital. This year we incorporate a vital topic for the national economy: the reuse of packaging beyond the recovery itself, told Yamilin Gonzalez, a director of the Cuban Ministry of Industries at a press conference.

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Cuba Presents in Italy Special Western Zone Business Opportunities

Cuba Presentan-en-Roma

A Cuban delegation is presenting here today to Italian entrepreneurs the business opportunities and investments in the Mariel Special Development Zone (MSDZ), located 45 kilometers west of Havana. The meeting, organized by the island’s embassy in this country and the Italy-Cuba Business Committee, will be held at the national headquarters of Confesercenti.

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Cuba Attends Noteworthy Russian Tourism Fair

rusia-turismo-feriaMITT

The Ministry of Tourism (Mintur) of Cuba announced today that a local delegation is attending the 25th edition of the MITT 2018 fair that will open today March 13 to 15 in Moscow. The Cuban delegation will be chaired by Deputy Prime Minister Alexis Trujillo Morejon.

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Construction of Cuba’s largest power station underway

Cuba refineria

Construction of the largest diesel power station in Cuba, located in Cienfuegos, is advancing at a satisfactory pace, according to the work schedule. Using German technology and the most modern of its kind in the country, a total of 40 engines are being installed at the site, which will be responsible for generating 84 Mwh, enough to guarantee 60% percent of local power demand.

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Cuban identity captured in humidors

habano humidores

On one side of the room, a grand piano evokes the maestro Chucho Valdés and beside it, on a turntable that reads: “The Bride of Feeling,” the figure of Omara Portuondo stands out. On the other side, at the foot of a façade of the Partagás factory, there is a truck with the insignia of that legendary industry and in the foreground

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Cuba’s Premium Cigars Festival Comes to an End

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The 20th Habano Festival, biggest Premium Cigar festival worldwide, comes to an end here Friday with an awarding ceremony and the auction of artistic humidors full of the best cigars made in this country. The closing ceremony is scheduled tonight to the early hours of Saturday.

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Cuba continues to attract cruise lines despite tightening of the U.S. blockade

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The culture, security and natural beauty of Cuba continue to attract the cruise industry, despite the measures of the current U.S. administration that reinforce the blockade. U.S. company Carnival Cruise Line announced that in 2019 it will offer 17 new trips to Cuba on board the Carnival Sensation, with five-day trips departing from South Florida.