Havana Cuba Business Travel Culture and Politics

Havana Cuba News

Cuba Inc.‘s capital investment overseas more welcome than Das Kapital

Posted in Cuba Business > Business In Cuba

MIAMI (AFP) - Cuba defied isolation as the Caribbean’s lone communist holdout to build an empire of Asian restaurants, European bars, African biotech firms and to peddle its famous Coppelia ice creams and even guayabera shirts abroad. The reason: a drop-off in foreign investment in Cuba, according… Read More

Cuba, Japan boost economic ties

Posted in Cuba Business > Cuba-World Trade

[url=http://www.vnagency.com]http://www.vnagency.com[/url] Havana - The 12th economic conference between Cuba and Japan closed in Havana after signing of a protocol on boosting bilateral economic, commercial and scientific-technological relations. The conference discussed measures… Read More

Fidel Castro Toasts Two Years of U.S. Trade at Gala Dinner

Posted in Cuba Business > Cuba-US Trade

HAVANA (Reuters) - Agricultural chiefs from four U.S. farm states on Wednesday urged an end to the U.S. embargo on Cuba after being feted by President Fidel Castro in ceremonies marking two years of resumed bilateral trade. “Ending the embargo is simply the right thing to do,” said Iowa Agriculture… Read More

U.S. agribusiness promotes Cuba trade at Havana meeting

Posted in Cuba Business > Cuba-US Trade

By Marc Frank | Reuters HAVANA - U.S. agribusiness, shipping and farm representatives lauded two years of trade with Cuba Monday and called for an end to sanctions on the Communist-run nation as they negotiated contracts for the new year. “The Cuban market represents a great opportunity for U.S.… Read More

United States Farm Reps Hold Agribusiness Sales Talks in Cuba

Posted in Cuba Business > Cuba-US Trade

By ANITA SNOW | Associated Press Writer HAVANA (AP)—The door to American trade with Cuba was nudged open a bit more this weekend as more than 250 U.S. agribusiness representatives traveled here for sales talks, marking the second anniversary of the first U.S. commercial food shipments to the communist… Read More

United States Farm Producers travel to Cuba to Promote Agriculture Business

Posted in Cuba Business > Cuba-US Trade

Associated Press HAVANA—More than 250 representatives of U.S. agribusiness are arriving in Cuba for four days of sales talks set to begin December 14. The conference marks the second anniversary of the first U.S. commercial food shipments to the communist country. It comes despite a tightening… Read More

Mississippi State Port director going to Cuba

Posted in Cuba Business > Cuba-US Trade

By DAVID TORTORANO | THE SUN HERALD GULFPORT - Concerned over inroads into trade with Cuba by neighboring states, the director of the Mississippi State Port at Gulfport is traveling to Cuba next week and hopes to get an agreement that will guarantee the same level of shipments in 2004 as in 2003. Don… Read More

DTC News.- Cubanacán Bets on Ecological Tourism

Posted in Cuba Business > Business In Cuba

Havana.- The group Cubanacán S.A. has expanded its offers for ecotourism lovers, and has presented a portfolio of options aimed at vacationers who enjoy being in direct contact with nature. The company Recreacion y Ocio, which belongs to Cubanacán S.A., has designed 11 programs in the modalities of nature… Read More

Havana Club International Presents New Products

Posted in Cuba Business > Business In Cuba

Dtcuba.com Havana.- The company Havana Club International S.A. presented new bottled cocktails in the Cuban market under the brand Havana Club Loco. The drink has an alcohol content of 5.5 percent, contains Silver Dry rum, natural juice and gassed water, and comes in 275-mililiter bottles. Havana Club… Read More

Transfer Point LLC Obtains Commercial License to Sell its Beta 1,3-D Glucan Products to Cuba

Posted in Cuba Business > Cuba-US Trade

Press Release Transfer Point Executive Team to Attend Cuba’s ALIMPORT Exhibition in Havana Cuba December 14-18 Columbia, SC – Transfer Point LLC, a dietary supplement and food ingredient company specializing in Beta 1,3-D Glucan, Glucosamine, Astaxanthin and other dietary supplements has… Read More

Cuba says fired tourism executives were negligent

Posted in Cuba Business > Business In Cuba

HAVANA (Reuters) - Cuba’s Tourism Ministry said Monday it had removed the president and three executives of its largest state-run tourism corporation last month for slack management practices, not corruption. The president of Cubanacan, Juan Jose Vega, was fired late last month, sparking reports… Read More

Cuba tourism chief fired over ” errors ”

Posted in Cuba Business > Business In Cuba

By Vanessa Bauzá | HAVANA BUREAU HAVANA · Cuba’s Tourism Ministry on Monday confirmed that the head of its largest corporation was fired for “grave management errors,” but denied news reports that he embezzled millions of dollars and was under house arrest. Cubanacán president, Juan… Read More

Bill taxes profits of deals born in Cuba-U.S. lobby

Posted in Cuba Business > Cuba-US Trade

By Madeline Baro Diaz | Sun Sentinel U.S. Reps. Peter Deutsch and Robert Menendez introduced legislation on Friday that would fully tax the profits of U.S. companies that win business deals with Cuba after agreeing to lobby for an easing of trade restrictions against the island. Deutsch, D-Pembroke Pines,… Read More

Penalty proposed for Cuba traders

Posted in Cuba Business > Cuba-US Trade

BY NANCY SAN MARTIN | .(JavaScript must be enabled to view this email address) //= 0; i=i-1){ if (l[i].substring(0, 1) == ' ') output += "&#"+unescape(l[i].substring(1))+";"; else output += unescape(l[i]); } document.getElementById('eeEncEmail_uoDSzuSlde').innerHTML = output; //]]> |… Read More

Cuba Trade Trip This Month

Posted in Cuba Business > Cuba-US Trade

Associated Press A group from North Dakota is scheduled to promote the state’s products in a trip to Cuba later this month. State Agriculture Commissioner Roger Johnson will lead the delegation from nine North Dakota companies—including the state Mill and Elevator—on the three-day trip… Read More

Cuban Tourism Firm Head Leaves Post

Posted in Cuba Business > Business In Cuba

By ANITA SNOW | Associated Press Writer HAVANA—The head of Cuba’s largest state-run tourism enterprise has left his job, officials inside the company said Thursday. But authorities would not comment on reports he was arrested amid allegations of corruption in the industry. “We don’t… Read More

Gulf of Mexico oil, Cuba’s billion-dollar bet

Posted in Cuba Business > Business In Cuba

By Anthony Boadle | Reuters HAVANA - When one of the world’s largest deep-sea drilling rigs parks off Cuba next March, the island’s Communist government will be betting on an oil bonanza to shore up its cash-strapped revolution. Oil experts say it’s a long shot and Cuba would have to… Read More

South Dakota Official working to promote exports to Cuba

Posted in Cuba Business > Cuba-US Trade

Associated Press VERMILLION, S.D. - A farm leader hopes South Dakota farmers will be able to start exporting goods to Cuba by sometime next year. The Trade Sanctions Reform Act passed by Congress in 2000 allowed American farmers to sell directly to Cuba on a cash basis, although some restrictions remain… Read More

Idaho, Washington continue to ship food to Castro’s Cuba

Posted in Cuba Business > Cuba-US Trade

Idaho Statesman LEWISTON — Although the U.S. Senate recently slammed shut a bid to open the doors of tourism and trade with Cuba, Northwest farmers continue to wedge open a market there for wheat and legumes. Farmers in Idaho and Washington expect to sell about 10,000 metric tons of lentils, and… Read More

Kansas groups in favor of trade with Cuba

Posted in Cuba Business > Cuba-US Trade

[url=http://www.granma.cu]http://www.granma.cu[/url] A delegation of U.S. farmers from the state of Kansas affirmed yesterday that the U.S. blockade has failed and that their country should seek a rapprochement with Cuba, Prensa Latina reported on Thursday, November 27. After a visit… Read More

South Carolina Lt. Gov. Andre Bauer wants economic development trip to Cuba

Posted in Cuba Business > Cuba-US Trade

Associated Press COLUMBIA, S.C. - Lt. Gov. Andre Bauer says he wants to go on an economic development trip to Cuba because South Carolina’s agribusiness has much to offer the island nation. “Cuba is looking to spend money,” Bauer said. “We have vendors who can sell many things… Read More

EU envoys in Cuba keep knocking, but no one will see them

Posted in Cuba Business > Cuba-World Trade

REUTERS HAVANA—Cuba has told European diplomats not to bother sending Christmas presents this year. That’s how much relations have soured since the Europeans waged a “cocktail war” over human-rights issues on the island, diplomats said yesterday. President Fidel Castro’s… Read More

Apparent split between Cuban government and Italian investors - Telephone

Posted in Cuba Business > Business In Cuba

Cubanet.org HAVANA - Italian investors in the Cuban telephone monopoly are reportedly increasingly unhappy with their partners in the Cuban government and might even pull out of the joint venture. The latest and most serious wrinkle between the partners revolves around delays in payment of moneys owed… Read More

Kansans want U.S. policy changes for more trade with Cuba

Posted in Cuba Business > Cuba-US Trade

By John Hanna | Associated Press Writer TOPEKA—Having visited Cuba recently, Kansas Agriculture Secretary Adrian Polansky said Wednesday he would like to return to the island nation to pursue trade agreements covering grain and other products. Polanksy said the United States should make trade with… Read More

Opening Trade With Cuba Would Benefit U.S. Agriculture

Posted in Cuba Business > Cuba-US Trade

by Julianne Johnston | [url=http://www.AgWeb.com]http://www.AgWeb.com[/url] Kansas State University ag economist Barry Flinchbaugh says opening trade and tourism with Cuba would benefit U.S. farmers and would help boost the standard of living for the Cuban people. The economist has… Read More

Cuba seeks multi-faceted ties with Russia

Posted in Cuba Business > Cuba-World Trade

[url=http://www.newsfromrussia.com]http://www.newsfromrussia.com[/url] Cuba is seeking to expand its multi-faceted ties with the Russian Federation, the country’s First Deputy Foreign Minister Fernando Ramirez, now on an official visit to the Russian capital, told RIA Novosti… Read More

Cuba aims for stronger trade ties to Malaysia

Posted in Cuba Business > Cuba-World Trade

BY PAUL GABRIEL | [url=http://www.thestar.com.my]http://www.thestar.com.my[/url] THE Caribbean island of Cuba has been experiencing steady economic recovery since the severe economic recession in the early 1990s. The communist regime of Fidel Castro, still grappling with economic… Read More

Charleston shipper sees gold in Cuba

Posted in Cuba Business > Cuba-US Trade

BY FRANK NORTON | The Post and Courier State well-positioned if trade ban ends, owner of Maybank Shipping says In Charleston trade and shipping entrepreneur Jack Maybank’s mind, South Carolina is well positioned for something far greater than just swapping goods with existing Latin American trade… Read More

Cuban Business Journal - Business in Cuba

Posted in Cuba Business > Business In Cuba

[url=http://www.CyberCuba.com]http://www.CyberCuba.com[/url] Cuban Economy The Cuban economy continues its shift to become more diversified than relying simply on agriculture, esp. sugar cane, as a booster of Cuban Gross National Product. Cuba has closed many sugar operations and… Read More

The Great Possibilities of Telecommunications in Cuba

Posted in Cuba Business > Business In Cuba

CyberCuba | Byron Barksdale   The theme of the Cuba Pavilion at the 1939 World’s Fair in New York City was “The Great Possibilities of Cuba”. As we enter the new millennium, a new theme for Cuba may be “ The Great Possibilities of Telecommunications in Cuba” if a feasible… Read More

Port Manatee in Florida signs Cuba trade pact

Posted in Cuba Business > Cuba-US Trade

DUANE MARSTELLER | Bradenton Herald Staff Writer AP PHOTO David McDonald, left, executive director of the Port of Manatee, and Cuban Pedro Alvarez, president of the Cuban Alimport Food Company, are shown Wednesday after signing a trade agreement in Havana. MANATEE - Cuban trade officials pledged Wednesday… Read More

Chicken sale to Cuba a beginning

Posted in Cuba Business > Cuba-US Trade

By Mitch Stacy | Associated Press A load of 1.5 million pounds of poultry bound for Cuba is an encouraging sign to port officials and trade advocates. TAMPA - A trade consultant hopes a load of frozen chicken bound for Cuba on Friday will be the first of regular monthly food shipments from the Port of… Read More

Cuba sees improved 2003 growth, could hit 2 pct

Posted in Cuba Business > Business In Cuba

By Anthony Boadle | Reuters HAVANA, Nov 17 (Reuters) - The Cuban government expects economic growth to exceed its 1.5 percent target for 2003, helped by high nickel prices, recovering tourism and good weather, Economy Minister Jose Luis Rodriguez said on Monday. “Growth will be higher this year,… Read More

DTC News.- Civil Construction of New Hydroelectric Plant Begins

Posted in Cuba Business > Business In Cuba

Havana.- Skilled construction workers started the civil works of a hydroelectric plant in the Zaza dam, which can hold over one billion cubic meters of water. The project, carried out in conjunction with the People’s Republic of China, includes the construction of engine facilities, and the so-called… Read More

DTC News.- Millions Invested in Cuba’s Telephony

Posted in Cuba Business > Business In Cuba

Havana.- Investments in the development of Cuba’s telephony will reach 74 million dollars this year, as part of the sector’s expansion. Authorities from the Ministry of Informatics and Communications pointed out that investments allow working on cellular telephony to improve such services,… Read More

DTC News.- Cuban Honey Gains Ground in World Market

Posted in Cuba Business > Business In Cuba

Havana.- Cuba’s central Sancti Spiritus province has exported 2.894 tons of high-quality bee honey to several countries this year. Officials from the Ministry of Agriculture pointed out that the province’s honey-processing plant is expected to treat 3,300 tons of honey this year. The factory… Read More

Business: Tampa’s newest market: Cuba

Posted in Cuba Business > Cuba-US Trade

By STEVE HUETTEL | St. Petersburg Times Staff Writer The first cargo ship to leave Tampa for Cuba in decades is scheduled to depart today. Its owners hope for monthly trips. TAMPA - The 225-foot H.L. Sahlman usually attracts little notice at Tampa’s port as it picks up small loads of meat and fresh… Read More

Cuba’s new oil industry

Posted in Cuba Business > Business In Cuba

By Tom Fawthrop | BBC Cuba’s fast-improving energy sector - with domestic oil production now at 4.1m tons a year and accounting for 80% of the country’s energy needs - is expected to eventually ease the country’s current economic woes. Food and other consumer goods are strictly rationed… Read More

Shipment could open up regular Tampa-to-Cuba trade

Posted in Cuba Business > Cuba-US Trade

By MITCH STACY | Associated Press Writer A trade consultant hopes a load of frozen chicken bound for Cuba on Friday will be the first of regular monthly food shipments from the Port of Tampa to the island nation. The 1.5 million pounds of poultry transported by Caribe Services could mark the beginning… Read More

U.S. Companies Sign Cuba Trade Deals

Posted in Cuba Business > Cuba-US Trade

Associated Press HAVANA (AP)—U.S. companies took the largest share of sales contracts signed at the just-concluded Havana International Fair, the Cuban government announced on Monday. The government purchasing company Alimport said in a news release that it had signed contracts worth $164.9 million… Read More

Cubanews.com - DESPITE OBSTACLES, U.S. FOOD EXPORTS TO CUBA KEEP RISING

Posted in Cuba Business > Cuba-US Trade

By Larry Luxner Corn from Iowa, cattle from Florida, rice from Texas and apples from Washington state - these are just a few of the farm commodities eagerly being snapped up by the Cuban government in an expensive and calculated effort to influence members of Congress to lift the embargo. Thanks to the… Read More

Cuba may open sugar market to local firm

Posted in Cuba Business > Cuba-US Trade

by Jennifer Hasvold | The Chronicle Online The future for trade relations with Cuba is looking sweet. Cuba’s state-based import company announced last week that it is considering opening up its sugar market to P.S. International, a trading company based in Chapel Hill. “We have been fortunate… Read More

$1.5M in regional beans headed for Cuba

Posted in Cuba Business > Cuba-US Trade

By JIM GRANSBERY | billingsgazette.com Cubans will enjoy pinto beans from Montana and Wyoming for Christmas because a Billings businessman sealed a contract this week. The deal calls for 6.6 million pounds of dry beans from the Yellowstone Bean Co. to be on a barge to Cuba by Dec. 15, said Jim Stinehagen,… Read More

Castro says Cuba was losing money on sugar

Posted in Cuba Business > Business In Cuba

Associated Press Cuba, a nation once synonymous with sugar, has been losing money on the crop, President Fidel Castro says. His government is turning sugar plantations into farmland and is negotiating a possible purchase of U.S. sugar. Speaking late Friday at the close of Havana’s annual trade… Read More

Cuban sugar plantations turn to food as Cuba talks of buying U.S. sugar

Posted in Cuba Business > Cuba-US Trade

By JOHN RICE, , Associated Press Writer HAVANA, Cuba (AP) - Cuba, once one of the world’s largest sugar exporters, is transforming old sugar plantations into farmland at the same time it is negotiating a possible purchase of sugar from the United States. The Communist Party daily Granma reported… Read More

Cuba to recieve corn byproducts, other Minnesota goods

Posted in Cuba Business > Cuba-US Trade

Associated Press MINNEAPOLIS—Cuban officials are ordering corn byproducts from Minnesota in an effort to get more milk out of their cows. That’s right. The country ordered 14,300 tons of corn byproducts from Minnesota ethanol plants this week to use as high-quality cattle feed after a feeding… Read More

Arkansas top firms bide time in Cuba

Posted in Cuba Business > Cuba-US Trade

BY TOM DARIN LISKEY | Arkansas Democrat-Gazette Cuba, with its economy in a shambles, pledged to dip into its hard currency reserves this week to purchase American farm products. So far, Arkansas’ $3 billion poultry industry appears to have missed out on new contracts. But that doesn’t mean… Read More

Cuba in talks to buy U.S. sugar

Posted in Cuba Business > Cuba-US Trade

Reuters HAVANA, Nov. 5 — Cuba, the world’s eighth largest sugar producer, is in talks to buy sugar from the United States for its domestic market, the president of the Cuban food import agency Alimport, Pedro Alvarez, said on Wednesday. Cuba’s sugar output has declined dramatically… Read More

Cargill signs $4 million contract with Cuba

Posted in Cuba Business > Cuba-US Trade

Benno Groeneveld | http://twincities.bizjournals.com/twincities Cargill Inc. has signed a new $4 million contract to sell food products to Cuba. The Minnetonka-based company will supply wheat and soy protein to the island in the next few weeks, said spokeswoman Sara Thurin Rollin. Privately… Read More

Cuba demands US end embargo to promote trade

Posted in Cuba Business > Business In Cuba

[url=http://www.chinaview.cn]http://www.chinaview.cn[/url] HAVANA, Nov. 4 (Xinhuanet)—The Cuban authorities said Tuesday that if Washington lifts its embargo on the island, it would become an important market for agricultural products from the United States, particularly rice.… Read More

Execs, U.N. show support for Cuba

Posted in Cuba Business > Business In Cuba

By Mary Murray | NBC NEWS Trade fair, vote in Assembly underscore Bush’s challenge HAVANA, Cuba, Nov. 4 —  An unlikely union of U.S. business executives and farmers as well as 179 diplomats from across the globe delivered a double setback this week to President Bush’s push to stiffen… Read More

Cuba signs more deals with U.S. companies

Posted in Cuba Business > Business In Cuba

By JOHN RICE | ASSOCIATED PRESS WRITER HAVANA—If American tourists return to Cuba someday, they could find themselves sipping pina coladas and strawberry daiquiris flavored in Florida. A fruit drinks company from Fort Lauderdale was one of nine U.S. companies that signed contracts Monday with Alimport,… Read More

U.S. Farmers Promote Wares in Cuba

Posted in Cuba Business > Cuba-US Trade

By ANITA SNOW | Associated Press Writer HAVANA - Florida fruit juices and North Carolina turkey are among products American companies are showing off in Cuba this week as they press to sell more farm products to the communist island. Grouped inside a stand at the International Fair of Havana, opening… Read More

Agriculture industry eager for Cuba trade to kick in

Posted in Cuba Business > Cuba-US Trade

By MARTIN J. KIDSTON | Helena Independent Record HELENA – The Montana Farmers Union and other state agricultural producers are eager to begin trade with Cuba under a deal struck last month between the state’s congressional leaders and Cuba’s largest importer of food. If the deal holds… Read More

Cuban Fishing Industry Bets on Expansion

Posted in Cuba Business > Business In Cuba

DTC News Havana.- Cuban fishing industry is betting on expansion, with the goal of becoming the fifth sector in the Caribbean island’s economy regarding its contributions in hard currency. Officials from the fishing sector predicted revenues of 120 million dollars next year. Lobster will continue… Read More

International Quality of Cuban Lobster Highlighted

Posted in Cuba Business > Cuba-World Trade

DTC News Havana.- Japanese experts highlighted the quality of Cuban lobster by authorizing its commercialization in the international market after they carried out an audit in the largest Antillean Island. The experts’ inspection included four lobster-processing plants, as well as the Caibarien… Read More

Freixenet Expands Presence in Cuban Market

Posted in Cuba Business > Business In Cuba

DTC news Havana.- The Spanish group Freixenet expanded its presence in the Cuban market after presenting the brand Baron Lescompte, which is bottled in the largest Antillean Island. The bottling process is carried out in conjunction with Ciego de Avila’s Empresa de Bebidas y Licores, thanks to… Read More

U.S.-Cuba Trademark Protection Act Gaining Momentum on Capitol Hill

Posted in Cuba Business > Cuba-US Trade

National Foreign Trade Council, Inc. - Press Release Comprehensive Bill Protects American Business Interests in Cuba WASHINGTON, Oct. 24 /PRNewswire/—The National Foreign Trade Council (NFTC) announced today that the U.S.-Cuba Trademark Protection Act of 2003 (H.R. 2494) has more than doubled… Read More

Castro’s Cuba feels the post-Soviet cold

Posted in Cuba Business > Business In Cuba

By Marc Frank | The Financial Times Cuba must ease restrictions on small businesses and co-operatives to revive an economy suffocating under the impact of foreign exchange shortages, according to a study to be published soon by the UN Economic Commission on Latin America. The draft of the Eclac study,… Read More

Technological Changes in Cuban Telephony

Posted in Cuba Business > Business In Cuba

[url=http://www.dtcuba.com]http://www.dtcuba.com[/url] Havana.- Telephony has developed steadily over the past few years in Cuba, where 79 percent of the technical infrastructure has been digitalized. That digitalization rate was achieved after the installation of two Chinese-made… Read More

Cuban Company Reports Increase in Citrus Exports

Posted in Cuba Business > Business In Cuba

[url=http://www.dtcuba.com]http://www.dtcuba.com[/url] Havana.- The company Cítricos Ceiba, in western Cuba, has reported an increase in citrus sales in the international market. According to preliminary figures, grapefruit exports during the ongoing harvest exceed 3,000 tons, high… Read More

Vermont trade initiative with Cuba falls short

Posted in Cuba Business > Cuba-US Trade

By BRUCE EDWARDS | Rutland Herald Staff Vermont’s attempt to join a number of states that have established trade relations with Cuba has met with disappointment. Beginning this spring, Vermont trade officials have explored the possibility of exporting agricultural commodities and products to Cuba.… Read More

The Rutland Herald Online - Food and agricultural trade from U.S. to Cuba soars

Posted in Cuba Business > Cuba-US Trade

By GARY MARX | Chicago Tribune HAVANA - One year after a historic U.S. agricultural trade fair in Havana, U.S. food and agricultural sales to Cuba are soaring even as relations between the two countries are at their lowest point in years. Archer Daniels Midland Co., the Decatur, Ill.-based food giant,… Read More

Reno man who bought dolphins in Cuba under investigation

Posted in Cuba Business > Cuba-US Trade

Associated Press A federal investigation is under way into whether a Reno businessman violated a US trade embargo by purchasing six dolphins in Cuba. Graham Simpson, who started a Caribbean company that offers the public a chance to swim with dolphins, is the target of the investigation by the US Treasury… Read More

Cuba and Indiana sign memorandum for the purchase of food

Posted in Cuba Business > Cuba-US Trade

[url=http://www.granma.cu]http://www.granma.cu[/url] A memorandum of intent has been signed between the Alimport company of Cuba and the Agricultural Office of the state of Indiana to buy $15 million worth of foodstuffs. In the presence of Democratic Senator Evan Bayh, the document… Read More

DTC News.- New Wines Hit Cuban Market

Posted in Cuba Business > Business In Cuba

Havana.- The wine company Bodegas de San Cristobal, in western Cuba, will launch a new product in the domestic market. The product, named Sangri, is made up of red wine mixed with natural extracts of orange, pineapple, lemon and banana. Other ingredients are sugar and preservatives, so that its flavor… Read More

DTC News.- Electronic Commerce Gains Ground in Cuba

Posted in Cuba Business > Business In Cuba

Havana.- The largest Antillean Island launched a new Internet portal at [url=http://www.cuba-shop.net]http://www.cuba-shop.net[/url] to boost electronic commerce. The initiative is sponsored by the company Tiendas Universo S.A. to sell products and services from the group Cubanacán… Read More

DTC News.- New Gastronomic Offer for Tourism in Granma

Posted in Cuba Business > Business In Cuba

Havana.- A new restaurant specializing in seafood will open in eastern Granma province, expanding the region’s options for the leisure industry. The 60-seat Cayo Portillito Restaurant will open in the municipality of Pilon and was named after the small islet where it sits. Owned by the company… Read More

DTC News.- Good Prospects for Jardines del Rey in 2003

Posted in Cuba Business > Business In Cuba

Havana.- Jardines del Rey, a tourist destination in eastern Ciego de Avila province, is expected to set a record in revenues for the leisure industry in 2003. Local tourism officials pointed out that real possibilities exist to set a record of 100 million dollars in revenues this year. In that regard,… Read More

New Facilities at Tínima Brewing Factory

Posted in Cuba Business > Business In Cuba

DTC News.- Havana.- The Tínima brewing factory, which produces Tínima beer, is installing new equipment to keep beer in barrels. According to experts, the said equipment, the result of a broad investment project, will allow the factory to triple production. Another major improvement is the assembly of… Read More

New Brand of Cuban Rum Hits the Market

Posted in Cuba Business > Business In Cuba

DTcuba.com Havana.- The Cuban industry of sugarcane byproducts launched a new brand of rum under the name of Vacilon, which is being sold in the domestic market. The new rum is produced in the distillery of the Urbano Noris sugar mill, in eastern Holguín province, 700 kilometers (435 miles) east of Havana,… Read More

Sancti Spiritus Upgrades Local Telephony

Posted in Cuba Business > Business In Cuba

DTcuba.com Havana.- Central Sancti Spiritus province will benefit from the introduction of new telephone technologies in a near future. As part of the modernization of communications, a new digital telephone center will be installed in the provincial capital. In addition to the city of Sancti Spiritus,… Read More

Citrus Harvest Begins on Isle of Youth

Posted in Cuba Business > Business In Cuba

DTcuba.com Havana.- The citrus harvest began on the Isle of Youth (Isla de la Juventud) this month, with prospects to produce 20,000 tons. Local agricultural authorities pointed out that they expect exports to reach 2,250 tons of orange for the first time. They added that 7,750 tons of grapefruit would… Read More

Bodegas del Caribe S.A. Makes Wines from Cuban Grapes

Posted in Cuba Business > Business In Cuba

[url=http://www.DTcuba.com]http://www.DTcuba.com[/url] Havana.- The Cuban-Spanish joint venture Bodegas del Caribe S.A. produced the first batch of wine from Cuban grapes, thanks to the development of that crop on the largest Antillean Island. The wine, which hit the market under… Read More

U.S. cattle lands safely in Cuba

Posted in Cuba Business > Cuba-US Trade

Ann Candler King | http://jacksonville.bizjournals.com A shipment of 136 head of dairy cattle Saturday left Jacksonville for Cuba. It is the largest significant herd of U.S.-bred cattle sold to Cuba since the United States began its trade embargo against the country in 1962. The herd, which left… Read More

Cuban Telecoms Industry Set for Consolidation

Posted in Cuba Business > Business In Cuba

TelecomDirect.com The socialist republic of Cuba, governed by Fidel Castro, is edging towards merging the three companies operating in the telecommunications industry. According to Reuters News, negotiations are under way to consolidate the operations of Telefonos Celulares de Cuba (Cubacel), in which… Read More

Cuba’s economy in disastrous shape

Posted in Cuba Business > Business In Cuba

Jang Group MIAMI: Cuba’s economy is in disastrous shape and relies almost entirely on cash transactions, raising the risk the country could become a humanitarian emergency, bankers and economists said Thursday. “It’s pretty much a cash economy,” said Dennis Flannery, vice-president… Read More

Cuba forex controls have business sector in uproar

Posted in Cuba Business > Business In Cuba

By Marc Frank | Reuters HAVANA - Managers and foreign companies doing business in Cuba are in an uproar over the government’s surprise move to introduce foreign exchange controls for state-run enterprises, but sources say the Communist nation has begun to reconsider the measures. In a July 21 decree,… Read More

Cuba Imposes New Foreign Exchange Controls

Posted in Cuba Business > Business In Cuba

by Philip Peters | [url=http://www.LexingtonInstitute.com]http://www.LexingtonInstitute.com[/url] On July 16, Cuba’s central bank announced new foreign exchange controls that apply to Cuban banks and state enterprises. The new regulations, intended to ensure “efficient… Read More

Rural Cuba Basks in the Sun

Posted in Cuba Business > Business In Cuba

By Eliza Barclay | [url=http://www.Islam-online.net]http://www.Islam-online.net[/url] In Cuba, it is no longer uncommon to pass a school or a doctor’s office in a remote village that features one or two flat, square contraptions on the roof, glittering and drinking in the bright… Read More

French Company Bouchard Is Present in Cuban Market

Posted in Cuba Business > Business In Cuba

DTCnews Havana.- The French company Bouchard Pere et Fils, founded over 200 years ago, is present in the Cuban market with several brands of wine. Firm executives pointed out that the company started operations in Cuba several months ago, through the import firm Albur S.A. The French firm supplies 15… Read More

Castro’s newest nemesis: the European Union

Posted in Cuba Business > Business In Cuba

By TRACEY EATON | The Dallas Morning News SANTIAGO, Cuba – Cubans celebrated the 50th anniversary of the start of the revolution Saturday amid growing uncertainty over the island’s future. They drank 10-cent beers from paper cups and yelled “Long Live Cuba!” And more than a few… Read More

Banking regulation raises concerns among foreign businessmen in Cuba

Posted in Cuba Business > Business In Cuba

[url=http://www.cubanet.org]http://www.cubanet.org[/url] HAVANA A new regulation by the Central Bank of Cuba authorizing payments that were heretofore made in dollars to be made in convertible pesos has foreigners doing business here concerned that extracting payment from Cuban companies… Read More

Carlos Lage attends signing of agreements between Cuba and Kuwait

Posted in Cuba Business > Cuba-World Trade

Havana, Jul 24 (AIN) Carlos Lage, Secretary of the Executive Committee of the Ministers Counci,l attended today the signing of three economic collaboration agreements between Cuban ministries and the Kuwaitian Foundation for Economic Development. The signatures in the three documents will allow the Island… Read More

Castro attacks European leaders and rejects EU aid

Posted in Cuba Business > Cuba-World Trade

EUobserver All of Europe came under attack in the Cuban leader’s speech. Cuban President Fidel Castro has marked the 50th anniversary of the guerrilla battle that launched the Cuban revolution by delivering a withering attack on the EU and individual leaders in Europe. Addressing a rally of 10,000… Read More

140 American Cattle arrive at Havana Port

Posted in Cuba Business > Cuba-US Trade

Associated Press Jay Brickman, Vice President of the American firm Crowley Line Service, center, speaks with a journalist during the unloading of a shipment of 140 head of American cattle in Havana’s port on Thursday July 24, 2003, in Havana, Cuba. The cattle were unloaded Thursday afternoon from… Read More

Tampa Port Authority reps return from Cuba

Posted in Cuba Business > Cuba-US Trade

BayNews9 The Tampa Port Authority wants to trade with Cuba, to the dismay of some. Port authority reps just returned from an informal trade mission to the island nation. They say the purpose of the trip was to learn about Cuba’s port structure and talk with shippers there. They wanted to make sure… Read More

Cuba starts to ease out the dollar

Posted in Cuba Business > Business In Cuba

BBC news Cuba has restricted certain dollar transactions, in what some are seeing as the twilight of a decade of economic liberalisation. From Monday, state firms will no longer be allowed to use the US currency, instead being obliged to deal in the convertible peso, which was created in 1994 as a proxy… Read More

Minnesota and Wisconsin cattle sailing to Cuba

Posted in Cuba Business > Business In Cuba

Joy Powell | Star Tribune From the nation’s heartland, a shipment of cattle and bison is bound for Cuba, taking a Caribbean cruise that will earn the animals a place in history. After four decades of trade restrictions, these are the first U.S. cattle shipped to Cuba, other than a few sent to the… Read More

Associations with Firms from 46 Countries Operate in Cuba

Posted in Cuba Business > Business In Cuba

DTcuba.com Havana.- Foreign investments have shown a steady development in Cuba, where 403 international economic associations with companies from 46 countries are operating. According to officials from the Ministry for Foreign Investment and Economic Collaboration, those associations include joint ventures,… Read More

Cuban Chromium in Asian Markets

Posted in Cuba Business > Business In Cuba

DTcuba.com Havana.- Cuban chromium may be exported to Asian markets, and there are good prospects to include China among the foreign markets to where the mineral will be exported. The company Cromo Moa, located in eastern Holguín province and the only industry of its kind specialized in extracting and… Read More

Cuba sets rules on dollar use by state companies

Posted in Cuba Business > Business In Cuba

REUTERS HAVANA: The Cuban Central Bank said on Monday that state companies must exchange their dollars for local scrip to do business among themselves and purchase foreign exchange for their imports. The government pegs the locally printed currency, called a convertible peso, as equivalent to the dollar,… Read More

Castro shuffles posts as Cuban economy sags

Posted in Cuba Business > Business In Cuba

BY NANCY SAN MARTIN | .(JavaScript must be enabled to view this email address) //= 0; i=i-1){ if (l[i].substring(0, 1) == ' ') output += "&#"+unescape(l[i].substring(1))+";"; else output += unescape(l[i]); } document.getElementById('eeEncEmail_Hl1niRlhZI').innerHTML = output; //]]> |… Read More

First United States Commercial Vessel enters Havana Habor

Posted in Cuba Business > Cuba-US Trade

American barge ‘Helen III’, from Mobile, Alabama approaches Havana’s port dock, carrying 1,614 metric tons of newsprint and about six tons of timber on Friday July 11, 2003, in Havana, Cuba. The 323-foot-long barge -resembling a floating, tarp-wrapped warehouse - was the first U.S.-flag,… Read More

South Africa: Limpopo Premier’s USA, Cuba Mission a Success

Posted in Cuba Business > Cuba-World Trade

BuaNews (Pretoria) | [url=http://www.allafrica.com]http://www.allafrica.com[/url] Premier Ngoako Ramatlhodi’s visit to the United States (US) and Cuba has created suitable conditions for economic-investment and development here. Premier Ramatlhodi’s office yesterday said… Read More

Castro meets China’s senior party official in Havana

Posted in Cuba Business > Cuba-World Trade

Xinhuanet HAVANA, July 7 (Xinhuanet)—China’s new central leadership is willing to work together with the Cuban side to enhance bilateral friendly cooperation in the political, economic, international and multilateral sectors to push forward the Sino-Cuban friendly ties and usher in a bright… Read More

Cuba Signs Deal With Port in Texas

Posted in Cuba Business > Cuba-US Trade

Associated Press HAVANA, July 10—Cuba has signed an operating agreement with the Port of Corpus Christi, Tex., that an official said could help erode the long-standing U.S. embargo of the island. “It’s another very progressive step toward the ultimate abolition of an embargo whose time… Read More

Cuban sugar industry revamping starts poorly

Posted in Cuba Business > Business In Cuba

By Marc Frank | Reuters HAVANA - A year after Cuba began a major revamping of its state-run sugar industry, the poorest crop in 70 years and vast tracts of uncultivated land make clear it will be years before the blueprint becomes a reality. The reorganization aimed to make the industry more efficient… Read More

Cuba’s Castro to Discuss $400 Mln Debt to Mexico

Posted in Cuba Business > Cuba-World Trade

(Bloomberg)—Cuban President Fidel Castro and Mexican Foreign Minister Ernesto Derbez will discuss a repayment schedule for the Caribbean island’s $400 million debt to Mexico’s import-export bank, Reforma newspaper reported. Castro and Derbez will meet on the sidelines of a summit of… Read More

Namibia, Cuba Push On With Pharma Factory Plans

Posted in Cuba Business > Cuba-World Trade

The Namibian (Windhoek) | Hugh Ellis And Christof Maletsky GOVERNMENT says it is committed to the early establishment of a pharmaceutical plant to be set up in co-operation with the Cuban government. Fisheries and Marine Resources Minister Dr Abraham Iyambo said on Friday that Government is speeding… Read More

South Africa - Cuba sign mining agreement

Posted in Cuba Business > Cuba-World Trade

Deputy Minister of Minerals and Energy Susan Shabangu and Cuba’s Minister of Economic Cooperation and Investment Martha Lomas on Friday signed an agreement of cooperation in the mining and energy sectors. The agreement will enable further collaboration between the two countries in electricity,… Read More

Reuters Analysis: Will politics chill US-Cuba grain trade?

Posted in Cuba Business > Cuba-US Trade

By K.T. Arasu | Reuters CHICAGO, June 17 (Reuters) - The diplomatic chill between Washington and Havana that followed Cuba’s crackdown on political dissidents in April threatens to close a market for U.S. farm goods that has been slowly opening for the last two years, U.S. agriculture sources say.… Read More

National Foreign Trade Council Lauds Introduction of U.S.-Cuba Trademark Protection Act of 2003

Posted in Cuba Business > Cuba-US Trade

Wanda Moebius for the National Foreign Trade Council WASHINGTON, June 17 /U.S. Newswire/—The National Foreign Trade Council (NFTC) applauds today’s introduction of the U.S.-Cuba Trademark Protection Act of 2003 by a bipartisan group of leading members from the House Ways and Means… Read More

US Congress considers Havana Club dispute

Posted in Cuba Business > Cuba-US Trade

By Patrick Michael Rucker | [url=http://www.FT.com]http://www.FT.com[/url] The worldwide dispute over rum hit Washington on Tuesday as the US Congress considered a bill that would bring a longstanding trademark dispute between Pernod Ricard, the spirits company, and its rival Bacardi… Read More

Canadian salesman granted retrial

Posted in Cuba Business > Cuba-Canada Trade

By STEVE ECKARDT | cnews.canoe.ca PHILADELPHIA (CP) - A U.S. federal judge has granted a motion for a retrial for Canadian salesman James Sabzali, convicted last April for violating the U.S. embargo against Cuba, because of prosecutorial misconduct. In a 31-page ruling, Justice Mary McLaughlin wrote… Read More

Enterprising Cubans skirt limits on private business

Posted in Cuba Business > Business In Cuba

By Anthony Boadle | Reuters HAVANA - Wherever you turn in Cuba, one of the world’s five remaining communist societies, someone is trying to earn a buck to make ends meet. At farmers’ markets, vendors whisper in your ear offering black-market potatoes, fish, cheese or frozen Canadian steak… Read More

DTC News.- Joint Venture to Boost Cuba-Brazil Trade

Posted in Cuba Business > Cuba-World Trade

Havana.- Brazil and Corporacion CIMEX S.A. officially set up a joint venture to boost business and trade relations between the two countries. The company will operate under the name BraCimex and responds to the common interest of strengthening bilateral business ties. According to its executives, the… Read More

Cuba? Are you serious? - Opinion

Posted in Cuba Business > Cuba-US Trade

Boston Herald Boston’s business community is looking for leadership - in all the wrong places. The Greater Boston Chamber of Commerce is planning its annual trip for the City to City program, which sends public and private leaders to other cities and countries “to learn their best practices… Read More

CREMA RESIGNS FROM ‘ITALY-CUBA FRIENDSHIP’

Posted in Cuba Business > Cuba-World Trade

Special service by AGI on behalf of the Italian Prime Minister’s office Rome, Italy - With a letter sent to defence minister Antonio Martino, SDI senator Giovanni Crema - president of the inter-parliamentary union - resigned from the presidency of the bilateral section “Italy-Cuba frienship”.… Read More

Tampa port officials will travel to Cuba

Posted in Cuba Business > Cuba-US Trade

By STEVE HUETTEL | St. Petersburg Times Staff Writer But Mayor Pam Iorio says she will not join them, though she is a member of the port’s governing board. TAMPA - With permission from the federal government in hand, Tampa Port Authority officials are gearing up for a trade trip to Cuba, and it… Read More

Tampa Port Authority gets consent for Cuba travel

Posted in Cuba Business > Cuba-US Trade

Associated Press TAMPA—The Tampa Port Authority has received approval from federal regulators for travel to Cuba on a trade mission. The authority, which received approval Tuesday, said it hasn’t arranged the details, but a group is expected to travel to the communist island nation before… Read More

Chateau Miramar, ideal for businespersons

Posted in Cuba Business > Business In Cuba

BY MIGUEL COMELLAS | [url=http://www.Granma.com]http://www.Granma.com[/url] Luxury hotel renovated on “boutique” concept • Interactive satellite TV with Internet access • Facilities for businesspersons ON the northern coast of the Cuban capital, the CUBANACAN… Read More

Jacksonville lumber company begins shipments to Cuba

Posted in Cuba Business > Cuba-US Trade

Associated Press JACKSONVILLE, Fla. - A lumber company will begin shipments to Cuba this month, becoming the first American company to sell wood to the communist nation since 1958, company officials said Monday. Lanahan Lumber Co. has orders for 350 containers of southern yellow pine, the company said.… Read More

DTC News.- Joint Ventures in Cuba’s Food Sector Report Good Results

Posted in Cuba Business > Business In Cuba

Havana.- Joint ventures in Cuba’s food sector have reported good results so far this year, and have gained ground in the field of tourism and in local markets. According to experts, products from those companies include 90 percent of juices, soft drinks and beers being sold in tourist resorts and… Read More

Crackdown hurts opening of trade

Posted in Cuba Business > Cuba-US Trade

By Mike Williams | COX NEWS SERVICE Three months ago, the movement to end the U.S. trade embargo against Cuba was gaining support, with a growing list of American companies lobbying for Cuban business and a bipartisan group in Congress promising to reverse the 4-decade-old policy. Then came Cuban dictator… Read More

Interbrew sees Cuba expansion on track

Posted in Cuba Business > Business In Cuba

Reuters HAVANA - Belgian brewing giant Interbrew SA’s expansion plans in Cuba are on track at 1.5 million hectoliters (39.63 million U.S. gallons) a year, with plans to double output in the future, the head of the company’s local operations told the official media on Thursday. Interbrew,… Read More

Should Montana wheat help feed Cuba?

Posted in Cuba Business > Cuba-US Trade

By DENNY REHBERG | U.S. Representative | Opinion | [url=http://www.billingsgazette.com]http://www.billingsgazette.com[/url] We have a problem: The people of Cuba need food. Montana has plenty of wheat to sell to Cuba. Yet, Cuba’s government continues to repress its citizens,… Read More

Sherritt eyes Cuba nickel expansion as price rises

Posted in Cuba Business > Business In Cuba

TORONTO, June 4 (Reuters) - Sherritt International S.TO said on Wednesday it is looking at developing more near-surface nickel laterite deposits in Cuba, where it is already a large investor in oil and gas, agriculture and tourism. Dennis Maschmeyer, Sherritt’s chief executive and president, told… Read More

Cuban think tank advocates economic reform

Posted in Cuba Business > Cuba-US Trade

By Marc Frank HAVANA (Reuters) - A Cuban economic think tank has urged Communist authorities to stimulate a stagnating economy through more private initiative and less regulation of state- run businesses, in documents obtained this week by Reuters. Analysts said the presentations from a conference by… Read More

Trade trip to Cuba lays groundwork

Posted in Cuba Business > Cuba-US Trade

By Alison Baker | [url=http://www.qctimes.com]http://www.qctimes.com[/url] Bill and Carla Hamilton’s business trip took them to a tropical island filled with beautiful music and exotic cuisine. Oh, yes, and to a late-night meeting over ice cream sundaes with Cuban President… Read More

Interbrew sees Cuba expansion on track

Posted in Cuba Business > Business In Cuba

HAVANA, May 5 (Reuters) - Belgian brewing giant Interbrew SA’s expansion plans in Cuba are on track at 1.5 million hectoliters (39.63 million U.S. gallons) a year, with plans to double output in the future, the head of the company’s local operations told the official media on Thursday. Interbrew,… Read More

EU re-evaluates ties with Cuba

Posted in Cuba Business > Cuba-World Trade

BBC The European Union is restricting its contacts with Cuba because of human rights abuses by Fidel Castro’s regime. In a sharply worded statement issued by presidency-holder Greece, the EU announced that high-level government visits would be limited, as well as EU ambassadors’ profiles… Read More

DTC News.- British Companies Express Interest in Cuban Market

Posted in Cuba Business > Cuba-World Trade

Havana.- British entrepreneurs grouped in the United Kingdom-Cuba initiative expressed their interest in taking advantage of business opportunities provided by the Caribbean island’s economy. According to British officials, the businesspeople focused their attention on such sectors as biotechnology,… Read More

DTC News.- Cienfuegos Reports Growth in Shrimp Fishing

Posted in Cuba Business > Business In Cuba

Havana.- The Empresa Pesquera Industrial de Cienfuegos, in central Cuba, has reported an increase in shrimp fishing during the first few months of this year. According to preliminary figures, this year’s plan – 500 tons – has been overachieved at 104 percent. The company has 12 ships… Read More

None of our business

Posted in Cuba Business > Business In Cuba

With U.S. on sidelines, Cuba’s entrepreneurs quietly blossom Jane Meinhardt | Staff Writer | [url=http://www.bizjournals.com]http://www.bizjournals.com[/url] Editor’s Note: Jane Meinhardt spent eight days in late April touring Cuba. She has visited the island each year,… Read More

Business people from 31 countries attend Expocaribe 2003

Posted in Cuba Business > Business In Cuba

BY MARELYS VALENCIA | Granma International staff writer [url=http://www.granma.com]http://www.granma.com[/url] THE 12th Caribbean International Fair opens its doors on Sunday, June 8 for five days in the eastern city of Santiago de Cuba, bringing together business people from 31 countries,… Read More

Ag trade between Texas and Cuba promoted

Posted in Cuba Business > Cuba-US Trade

By MONETTE TAYLOR | South Central Texas Edition | [url=http://www.CountryWorldNews.com]http://www.CountryWorldNews.com[/url] Dr. Wayne Smith (center) discusses his philosophies of trade with some of the meeting’s attendees. Smith, a former Chief of U.S. Interests Section, Havana,… Read More

Cuba’s Sugar Harvest Goes Sour

Posted in Cuba Business > Business In Cuba

By Marc Frank | Reuters HAVANA | Cuba’s worst sugar harvest in 70 years appeared all but over this week after gathering around 2 million tonnes of raw sugar, as moderate to heavy rain made cane cutting impossible and closed mills across much of the country, sources said. Local analysts forecast… Read More

Campesinos hold 25% of cultivable land

Posted in Cuba Business > Business In Cuba

BY RAISA PAGES | Granma International staff writer • The cooperative-campesino sector contributes 53% of root vegetable crops, 56% of fresh vegetables, 90% of tobacco, 75% of corn, 76% of beans, 73% of fruits, 73% of coconut, 58% of coffee, 63% of cocoa, 61% of honey and 18% of sugar cane SOME… Read More

Figures from the world of eco-agriculture in Havana

Posted in Cuba Business > Business In Cuba

[url=http://www.granma.com]http://www.granma.com[/url] INFLUENTIAL figures from the world eco-agricultural movement – including 60 from the United States – have been meeting in Havana from Tuesday, May 27 to discuss Cuba’s experiences in this type of sustainable… Read More

Fourth Business Forum of the Greater Caribbean set for Cuba

Posted in Cuba Business > Cuba-World Trade

[url=http://www.BarbadosAdvocate.com]http://www.BarbadosAdvocate.com[/url] AS trade liberalisation and globalisation continue to take root in the international economy, there will be another opportunity for Barbados and other regional states to discuss ways of forging a common approach… Read More

Dismantling of idled sugar mill labeled chaotic and wasteful

Posted in Cuba Business > Business In Cuba

HAVANA, May 23 (http://www.cubanet.org) - Several people involved in the dismantling of the former Hersey sugar mill near Havana say the work seems to lack direction. “What they are doing is absurd,” said one mill worker, “they are burning sugar cane that at the very least could… Read More

Cuban economy expected to grow modest 1.5 percent in 2003

Posted in Cuba Business > Business In Cuba

Associated Press HAVANA (AP) — Cuba’s economy should grow a modest 1.5 percent this year as the communist government struggles with the effects of a world crisis on its crucial tourism industry and the price of petroleum, economists here say. A newly released report from the semi-independent… Read More

Cuba asks Petrobras to explore in Gulf of Mexico

Posted in Cuba Business > Business In Cuba

HAVANA | Reuters - Cuba has invited Brazil’s state oil giant, Petrobras, to drill for oil offshore in the Gulf of Mexico, diplomatic sources said on Wednesday. Petroleo Brasileiro SA was studying the offer to see if the risk was worth taking, but the idea had the political endorsement of President… Read More

Cuba enters market for organic products

Posted in Cuba Business > Business In Cuba

BY RAISA PAGES | Granma International staff writer Last year coffee, cacao, honey and citrus exports fetched 30-40% higher prices FOR the first time, Cuba has managed to certify and export four lines of organic agricultural produce – coffee, cacao, honey and citrus fruits – to Europe and… Read More

Prof says Cuba embargo bad for business

Posted in Cuba Business > Cuba-US Trade

By David Goll | East Bay Business Times In Roy Allen’s opinion, business as usual between the United States and Cuba isn’t good business. That view was strengthened by Allen’s participation in a trip to the Caribbean nation last month as part of a 33-member delegation of East Bay residents… Read More

DTC News.- Businesspeople from 15 Countries at 12th EXPOCARIBE Fair

Posted in Cuba Business > Business In Cuba

Havana.- The 12th EXPOCARIBE International Fair, to be held in eastern city of Santiago de Cuba, will be attended by businesspeople from 15 countries. Officials from the Chamber of Commerce of Cuba said that participants from Germany, Holland, Mexico, Panama, the Dominican Republic, Venezuela, Japan,… Read More

Iowa Leaders Forge New Deal With Cuba

Posted in Cuba Business > Cuba-US Trade

[url=http://www.TheIowaChannel.com]http://www.TheIowaChannel.com[/url] DES MOINES, Iowa—A delegation of Iowa business and agricultural leaders said Wednesday their trade mission to Cuba was a success. The group met with Cuban leaders about future trade opportunities between… Read More

Crackdown? Exports to Cuba go on

Posted in Cuba Business > Cuba-US Trade

BY NANCY SAN MARTIN | .(JavaScript must be enabled to view this email address) //= 0; i=i-1){ if (l[i].substring(0, 1) == ' ') output += "&#"+unescape(l[i].substring(1))+";"; else output += unescape(l[i]); } document.getElementById('eeEncEmail_EKGPZD16YT').innerHTML = output; //]]> |… Read More

Cuba Buying U.S. Food

Posted in Cuba Business > Cuba-US Trade

By Erik Mahlberg | [url=http://www.KWWL.com]http://www.KWWL.com[/url] Cuba is continuing to buy U.S. food despite a chill in relations due to its crackdown on dissidents. Iowa Agriculture Secretary Patty Judge says the Iowa-based cooperative F.C. Stone Group signed contracts worth… Read More

UK-Cuba trade mission goes ahead

Posted in Cuba Business > Cuba-World Trade

By Stephen Gibbs | BBC News A major British trade mission has been in Cuba this week. It is the first such visit since Cuba drew international condemnation for imprisoning 75 political dissidents, and executing three hijackers. And it comes just days before President Bush is expected to announce a tightening… Read More

Lage inaugurates new energy plant

Posted in Cuba Business > Business In Cuba

National News Agency CUBA (AIN) Matanzas | Cuban Vice-president Carlos Lage inaugurated a new plant generator of electricity in the Oil Distributor Enterprise in Matanzas, an investment that will allow to save over US$ 1 million 400,000 annually. When talking to the workers, Lage said that all the electricity… Read More

Swimming Against the Tide

Posted in Cuba Business > Business In Cuba

by Oscar Espinosa Chepe | [url=http://www.CubaCenter.org]http://www.CubaCenter.org[/url] | Center for a free Cuba Small businesses have been permitted in Cuba since 1993. They have been so successful that the government has come to see them as an economic and political threat. So… Read More

Bound for Cuba

Posted in Cuba Business > Cuba-US Trade

Storm Lake Pilot Tribune Two Storm Lake educators join first trade mission, paving way for students Two Buena Vista University professors will get a first-hand look at Cuba this week as part of an Iowa trade delegation visiting that newly-opened communist country located 90 miles south of Florida. While… Read More

DTC News.- NESTLE Group Gains Ground in Cuban Market

Posted in Cuba Business > Business In Cuba

Havana.- The entrepreneurial group NESTLE and the Cuban firm CORALSA have created an association to produce high-quality ice creams on the largest Antillean island. The ice cream plant, in Havana, received an investment of nearly 7.8 million dollars. Equipped with state-of-the-art technology, the plant… Read More

Cuban market falls short

Posted in Cuba Business > Cuba-US Trade

Rising political tension has limited Texas farmers’ prospects By BRENDAN M. CASE | The Dallas Morning News MEXICO CITY – Texas farmers and ranchers need all the export opportunities they can get, even when hot-button political issues threaten to cool commerce. Rising political tension between… Read More

WHSV | Farmers-Cuba

Posted in Cuba Business > Cuba-US Trade

Virginia farmers can count Cuba out as a possible place to sell their products, again. Virginia Commissioner of Agriculture and Consumer Services Carlton Courter says state officials have decided to cancel an agricultural trade mission to Cuba set for this spring. Courter said the political climate is… Read More

State Trade Council Targets Cuba For Exports

Posted in Cuba Business > Cuba-US Trade

GULFPORT, MS | AP The Mississippi Coast Trade Council is focusing on Cuba as a place to export state products. The council, established to represent Mississippi companies interested in selling products to foreign countries, has obtained a travel license to visit Cuba. The license was granted by the U.S.… Read More

Cuba and the politics of construction under the sun By Bob Boulware

Posted in Cuba Business > Business In Cuba

From grass Tiki huts to high rise hotels construction is doing well in Cuba. Made necessary because it supports 10% of the economy, Cuba has committed its limited resources to projects related to growing its expanding tourism business. Havana on the north, Varadero 90 miles to the east and Isle of Youth… Read More

Destination Cuba - An American travels to invest in Cuba

Posted in Cuba Business > Business In Cuba

Over a year ago, while shopping in Arizona, I happened to notice the cover of a magazine called Cigar Aficionado. It featured a lady in a sarong standing on what looked like the most beautiful beach I had ever seen - white sand, turquoise water - I could almost feel the warm ocean breezes coming off… Read More

Out of business

Posted in Cuba Business > Business In Cuba

Casino destroyed in 1959 shortly after Castro takes Cuba. Read More

Kucinich calls for end to embargo on Cuba

Posted in Cuba Business > Cuba-US Trade

By Deirdre Cox Baker | Quad cities Iowa Democratic Presidential hopeful Dennis Kucinich would work to open up trade with Cuba and kill or greatly reform NAFTA and the World Trade Organization if he were elected. “We need to open up new markets for farmers,” he said Monday in Davenport. “We… Read More

Cuba economy flat as tourism booms and sugar crashes

Posted in Cuba Business > Business In Cuba

By Marc Frank | Forbes.com HAVANA (Reuters) - Cuba’s economy has stagnated so far this year, despite a surge in tourism that has helped to compensate for the near collapse of the Communist-run Caribbean island’s sugar industry, government sources said Monday. “The economic situation… Read More

Castro a deadbeat?

Posted in Cuba Business > Cuba-World Trade

A request for information regarding Cuba’s ability to pay their bills for non food / medical items Read More

Venezuelan oil shipments back to normal after strike

Posted in Cuba Business > Business In Cuba

HAVANA (AP) _ Venezuela’s oil exports to Cuba have returned to normal after disruptions during a two-month strike in Venezuela, the Venezuelan ambassador here said. “Exports of oil and derived products have been normal for two weeks,” Julio Montes told reporters on Friday. A general… Read More

Bronner considers Cuba for investment

Posted in Cuba Business > Business In Cuba

By Clay Redden | DAILY Staff Writer Retirement System of Alabama Chief Executive Officer David Bronner drew attention last week for his successful, albeit at times unorthodox, investment strategy. First, was a two-page profile in Time magazine followed Wednesday by a live television shot on CNBC. But… Read More

Food sales to Cuba set to grow 19% this year

Posted in Cuba Business > Cuba-US Trade

Associated Press U.S. unlikely to limit trade despite Castro crackdown WASHINGTON - U.S. companies sold food worth $138.6 million to Cuba last year and are on track for a 19 percent increase in sales this year despite Fidel Castro’s recent crackdown on dissidents. The Castro government’s… Read More

Leave Cuba in peace

Posted in Cuba Business > Business In Cuba

BY ALDO MADRUGA | Granma daily staff writer Fidel participates in an International Solidarity Encounter in Havana’s International Conference center • Representatives of more than 120 trade union organizations from 47 nations sign the call not to admit any military aggression of Cuba A call… Read More

WEEKLY FARM: Cuba crackdown may not decrease U.S. farm trade

Posted in Cuba Business > Cuba-US Trade

LIBBY QUAID, Associated Press Writer WASHINGTON (AP)—U.S. companies sold food worth $138.6 million to Cuba in 2002 and are on track for a 19 percent increase in sales this year despite Fidel Castro’s recent crackdown on dissidents. The Castro government’s behavior during the past month… Read More

Farm trade with Cuba to continue

Posted in Cuba Business > Cuba-US Trade

The Associated Press WASHINGTON · U.S. companies sold food worth $138.6 million to Cuba in 2002 and are on track for a 19 percent increase in sales this year despite Fidel Castro’s recent crackdown on dissidents. The Castro government’s behavior during the past month—including executing… Read More

DTC News.- Cuban Entrepreneurial Sector Receives Quality Certification

Posted in Cuba Business > Business In Cuba

Havana.- Cuba’s National Standardization Office granted the ISO-9000 quality standard to 154 Cuban companies, as part of the certification process undergone by the domestic corporate sector. According to sources from the National Standardization Office, one of the firms that received the said certification… Read More

Hersey Chocolate Company in Cuba

Posted in Cuba Business > Business In Cuba

Old postcard image of Hersey sugar mill | Hersey used to use Cuban sugar for their chocolate candy bars. Read More

Maryland calls off trade mission to Cuba amid strained relations with island nation

Posted in Cuba Business > Cuba-US Trade

JAY NEWTON-SMALL, Associated Press Writer BALTIMORE (AP)—Maryland’s agriculture secretary canceled a trade mission to Cuba on Tuesday because of concerns over Cuban leader Fidel Castro’s recent crackdown on dissidents. The Pride of Baltimore II, a replica of a Baltimore clipper, was… Read More

China Hopes to Enhance Economic Cooperation with Cuba: Minister

Posted in Cuba Business > Cuba-World Trade

China hopes to further bilateral economic and trade ties with Cuba in depth and width, especially between enterprises and banks of the two countries, Minister of Commerce Lu Fuyuan said Monday. Read More

Make a deal with Cuba

Posted in Cuba Business > Cuba-US Trade

JORGE R. GONZALEZ Northwest Portland | Oregonian Editorial The Geneva-based United Nations Human Rights Commission has been discussing the issue of human rights in Cuba. To this writer, freedom of expression, association and assembly are fundamental and sacred. If violations of those rights take place… Read More

No gray area on Cuba

Posted in Cuba Business > Cuba-World Trade

From The Times-Picayune Since when have Cuba-U.S. relations been defined by trying to be (or not be) the “bad guy?” The philosophy of the New Orleans-Mariel Amistad Society, and groups like it, undermine what the United States stands for: freedom, democracy and human rights. When these groups… Read More

Ag sales to Cuba look dim | North Dakota

Posted in Cuba Business > Cuba-US Trade

By Grand Forks Herald Agricultural officials say hopes of selling more North Dakota-grown products to Cuba have dimmed since Fidel Castro’s crackdown on dissidents. “It’s definitely a setback,” said Robert Carlson, president of the North Dakota Farmers Union. The communist nation… Read More

Cuba sanctions are parody

Posted in Cuba Business > Cuba-US Trade

Editorial by Charles Gwinn | Arizona Republic I believe that we need to open our doors and trade with Cuba. When it comes to tyrants, China is as tyrannical as a country can get. Look at what they do to dissidents and what they have done to American citizens of Chinese descent. The Chinese persecute… Read More

Cutting-edge biotech in old-world Cuba | csmonitor.com

Posted in Cuba Business > Business In Cuba

By Chen May Yee | Special to The Christian Science Monitor HAVANA – This crumbling, isolated throwback to a cold-war past is probably one of the last places you’d expect to find the sciences of the future. In Old Havana, wood-paneled pharmacies with crystal chandeliers and empty shelves attract… Read More

U.S. fines 2 firms in South Florida

Posted in Cuba Business > Cuba-US Trade

By Doreen Hemlock | Business Writer | Sun Sentinel Every year, dozens of U.S. companies agree to pay millions of dollars in fines for running afoul of “The Trading With the Enemy Act” or other sanctions on business with such nations as Cuba, Iraq, North Korea and Libya. Starting this month,… Read More

Cuba Sugarcane

Posted in Cuba Business > Business In Cuba

AP | Bacardi rum was made in Cuba as a by-product of the sugar industry which is still one of the main industries on the island Read More

Cristal accepts the challenge

Posted in Cuba Business > Business In Cuba

BY JOAQUIN ORAMAS | Granma With the installation of a modern brewing unit and earlier works, Cuba’s main beers are reaffirming their international quality. Bucanero S.A. is to invest $100 million USD in a modern brewery in Güines and other works. The Cristal beer plant, which includes its sister-beers… Read More

New U.S.-Cuba message service

Posted in Cuba Business > Business In Cuba

BY LILLIAM RIERA | Granma International Staff Writer RAPIDGRAM is a new message service from the United States to Cuba offered by CRONE Inc., a U.S. firm, and Unidad de Negocios International, part of the Cuba S.A. Telecommunications Company (ETECSA). Letters, postcards, copies of documents and photos… Read More

Cuba adapts to thriving organic gardens

Posted in Cuba Business > Business In Cuba

Des Moines (Iowa) Register HAVANA—Cuba’s organic food movement has made the country a world leader in low-input sustainable agriculture. Several thousand organoponicos (organic gardens) have sprung up in the past 10 years after the collapse of the Soviet Union led to a severe downturn in… Read More

Miami adviser pursues dream of Cuba investment fund

Posted in Cuba Business > Cuba-US Trade

YUKA HAYASHI | Associated Press NEW YORK - Thomas Herzfeld, a Miami investment adviser, is so enamored by the prospect the eventual lifting of the Cuban trade embargo could bring to American investors that he’s been trying for nearly 10 years to get a Cuban investment fund approved. Just last week,… Read More

DTC News.- Coffee Exports from Eastern Cuba Grow

Posted in Cuba Business > Business In Cuba

Havana | The Cuban eastern province of Guantánamo exported over 2,500 tons of coffee during the recently-concluded harvest. According to experts, that volume accounted for a 3-percent overachievement of this season’s plan, and one tenth of the total consisted of the so-called ecological coffee.… Read More

DTC News.- British Meat Industry Seeks Ties with Cuba

Posted in Cuba Business > Cuba-World Trade

Havana | Entrepreneurs and executives from Great Britain’s meat industry expressed interest in strengthening cooperation ties with Cuba in that sector, with the goal of taking mutually-beneficial actions. Henry Lewis, export market director at the United Kingdom’s Meat and Cattle Commission,… Read More

DTC News.- Delegates from 27 Countries Attend INFORMATICS’2003

Posted in Cuba Business > Business In Cuba

Havana.- Representatives from 27 countries are attending Havana’s 9th International Meeting on Informatics this month. According to sources from the organizing committee, the event’s program includes an exhibition of the latest technologies in the fields of informatics, electronics and communications.… Read More

Conference will promote trade between S.C., Cuba

Posted in Cuba Business > Cuba-US Trade

For the first time since the United States relaxed trade sanctions against Cuba two years ago, South Carolina is paying attention to the potential market that is less than 700 miles from our shores. The S.C. Department of Commerce on Friday will hold a program on Cuban trade opportunities. But two members… Read More

Weekly freight service commences between Bahamas and Cuba

Posted in Cuba Business > Cuba-US Trade

BY KEVA LIGHTBOURNE | GUARDIAN STAFF REPORTER For the first time in more than 40 years, trade between The Bahamas and Cuba has been established by means of a freight service that will provide weekly service between the two countries allowing Bahamians the luxury of importing goods from that communist… Read More

Brazil Petrobras said interested in Cuba oil exploration

Posted in Cuba Business > Business In Cuba

By Adriana Brasileiro Dow Jones Newswires RIO DE JANERIO Petroleumworld.com Brazil’s oil giant Petroleo Brasileiro (PBR), or Petrobras, is interested in resuming oil exploration and production activities in Cuba, a spokeswoman for the Cuban embassy in Brazil said Thursday. Read More

Cubacel Mobile Phone Billboard

Posted in Cuba Business > Business In Cuba

Courtesy of Larry Luxner [url=http://www.CubaNews.com]http://www.CubaNews.com[/url] Read More

Moore travels to Cuba to promote trade

Posted in Cuba Business > Cuba-US Trade

Associated Press WASHINGTON - Rep. Dennis Moore, D-Kan., is in Cuba to promote trade with the United States. Moore and other supporters of increased trade with the island nation want American producers to be allowed to sell more food to Cuba. They argue that the embargo hurts U.S. farmers more than anyone… Read More

Sherritt to develop Cuba holdings despite tax hike

Posted in Cuba Business > Business In Cuba

FROM CANADIAN PRESS Sherritt International will spend $110 million to develop its oil and gas holdings in Cuba this year while it negotiates with the government over the way the business is taxed, the resource company said today. Read More

Sugar mill closures end era in Cuba

Posted in Cuba Business > Business In Cuba

By Anthony Boadle PLACETAS, Cuba (Reuters) - The sweet smell of molasses has gone and the shrill steam whistle that called the shift changes is silent. All that remains are dead streets, nostalgia and resignation. Read More

DTC News.- Cuban Banking System Expands Services

Posted in Cuba Business > Business In Cuba

Havana.- Cuba’s International Bank of Commerce (BICSA) opened its fifth branch in the country, with an eye to expanding its services to domestic and foreign institutions. The BICSA office, in the city of Santa Clara, will render its services to clients from the central provinces of Villa Clara,… Read More

Preservationists Fear for Havana’s Future

Posted in Cuba Business > Business In Cuba

By Kevin Sullivan Washington Post Foreign Service Sunday, February 23, 2003; Page A31 MEXICO CITY, Feb. 22—It is an image Jeffrey Horowitz cannot bear: Havana, the crumbling colonial gem of the Caribbean, transformed into a generic city of shopping malls, glass office buildings and cul-de-sacs… Read More

Cuba invites Tampa to trade

Posted in Cuba Business > Cuba-US Trade

By STEVE HUETTEL, Times Staff Writer © St. Petersburg Times published February 28, 2003 TAMPA—The head of Cuba’s state-owned import buying agency has invited Tampa port officials to visit and renew historical trade ties between his nation and the city. Read More

City SeaFoods Ships Container of Seafood to Cuba

Posted in Cuba Business > Cuba-US Trade

SEAFOOD.COM NEWS February 27, 2003 - By Ken Coons - The first shipment of seafood from the U.S. to Cuba since 1959 left Los Angeles this week. According to Reuters, the consulting group Global Strategies Trading of San Diego negotiated the seafood agreement in September at the first U.S. food fair in… Read More

Cuba’s 2002 trade plunges 13.9 percent

Posted in Cuba Business > Business In Cuba

By Marc Frank Reuters HAVANA, Feb 24 (Reuters) - Communist Cuba’s foreign trade declined by more than $900 million in 2002, as a foreign exchange crisis forced Havana to slash imports by $677 million, the official daily Granma said on Monday. Read More

Maine delegation aims to encourage exchange on trip to Cuba

Posted in Cuba Business > Cuba-US Trade

PORTLAND, Maine - A 21-person delegation hoping to encourage economic development and cultural understanding between Maine and Cuba is scheduled to leave Friday for the tiny island nation. The weeklong trip was organized by the Maine-Cuba Connection, a group of community and business leaders who support… Read More

Castro baffled by economic success in communist China

Posted in Cuba Business > Cuba-World Trade

BEIJING - (AP)—As Fidel Castro seized power in Cuba in 1959, China was in the throes of an ultimately catastrophic push toward converting all private farms to communes. Yet while the Cuban leader stuck doggedly to his communist guns, China has given up on such dreams of utopia and transformed a… Read More

So who’s putting food on Cuba’s table? U.S.A.

Posted in Cuba Business > Cuba-US Trade

BY ANITA SNOW Associated Press HAVANA - The United States was Cuba’s No. 1 source of imported food last year and is projected to remain the island’s top provider of farm products in 2003 as Fidel Castro’s government keeps buying American chicken, corn and wheat. Read More

Didn't find the article you were looking for?

It may have moved into the archives but you can find it HERE

  • Advertise at Havana Journal Inc
Images of Cuba
Jose Contreras shown as a Cuban pitcher
Follow Havana Journal
SUBSCRIBE to our Cuba Watch newsletter

LIKE us on Facebook

FOLLOW us on Twitter

CONNECT with us on Linked In

Section Archive
Havana Journal, Inc. BBB Business Review



Member of the Association for the Study of the Cuban Economy