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Havana Cuba News

China now a major investor in Cuba

Posted in Cuba Business > Cuba-World Trade

BY FRANCES ROBLES | MiamiHerald.com The 200 Chinese buses with comfy seats, tinted windows and air conditioning now roll along Cuban roadways beside vintage 1950s Ford jalopies. They join pressure cookers, light bulbs, refrigerators, TV sets and bicycles in the deluge of Chinese products flooding the… Read More

Viet Nam strengthens ties with Cuba

Posted in Cuba Business > Cuba-World Trade

VNagency.com Ha Noi and Havana will increase their cooperation in health, education, sports, culture and information technology is the contents of a cooperation agreement signed by Chairman of the Ha Noi People’s Committee Nguyen Quoc Trieu and President of Havana’s government Juan Contino… Read More

China gives Cuba purchasing credit

Posted in Cuba Business > Business In Cuba

BusinessWeek.com China granted Cuba a line of credit worth 50 million yuan, about US$6.2 million (euro5.2 million), as part of a pact signed during a visit by a senior Chinese Communist Party official, Cuba’s state-run press reported Tuesday. The line of credit will be used to buy “general… Read More

US Cuba Energy Summit set for Mexico

Posted in Cuba Business > Cuba-US Trade

Press Release In a letter to U.S. energy company executives, Fidel Rivero Prieto, President of Cuba Petroleo, told his counterparts from the U.S. energy sector that Cuba ” ... would be very pleased to do business together ... ” and invited them to meet with him and his Cuban colleagues at… Read More

Luo Gan, top Chinese official in Cuba to strengthen ties

Posted in Cuba Business > Cuba-World Trade

AIN A top-level Chinese Communist Party official spotlighted the excellent relations between his country and Cuba. Upon his arrival in Havana, Luo Gan, a member of the Permanent Committee of the Chinese Communist Party’s Political Bureau, expressed confidence that his stay in Cuba would serve to… Read More

Cuba’s growth improves under own measure of economic activity

Posted in Cuba Business > Business In Cuba

By Marc Frank in Havana Published: December 14 2005 Read More

Maine governor John Baldacci shows other US states how to do business with Cuba

Posted in Cuba Business > Business In Cuba

By Vanessa Arrington | Associated Press Writer The governor of Maine, on his first trip to Havana, said the normalization of relations with communist Cuba must come “one step at a time” after signing a trade agreement Sunday with island authorities. John Baldacci, the sixth U.S. governor… Read More

Maine’s desire to sell agriculture products in Cuba

Posted in Cuba Business > Cuba-US Trade

By ROBERT M. COOK | Fosters.com As Maine Gov. John Baldacci and several Maine business leaders move closer to securing $10 million in contracts with Cuban officials this weekend in Havana, New Hampshire is concentrating its export marketing elsewhere. Maine and Vermont can count themselves among 37 states… Read More

Tally of Hurricane Wilma damages in Cuba

Posted in Cuba Business > Business In Cuba

[url=http://www.Granma.cu]http://www.Granma.cu[/url] Wilma caused multi-million dollar losses in Cuba CUBA reported that the total damages caused by the effects of Hurricane Wilma in the country are estimated at $704.2 million, including prevention and recovery measures. That figure… Read More

Trade with Cuba seminar set for November 29 in Texas

Posted in Cuba Business > Cuba-US Trade

Press Release “During a panel discussion, those of us who have done business with Cuba will offer our experiences in exporting and allow for questions from the audience,” said Rodney Mosier, executive vice president of the Texas Wheat Producers Board. Did you know that trade with Cuba is… Read More

Texans Oppose Restrictions on Trade with Cuba

Posted in Cuba Business > Business In Cuba

Nov. 15, 2005, 9:24PM Republicans get steamed over rice trade with Cuba Lawmakers split over the reversal of a Clinton-era deal, and Texas farmers lose a big customer By SAMANTHA LEVINE Copyright 2005 Houston Chronicle Washington Bureau Read More

White House Rejects Compromise On Cuba Trade Provision

Posted in Cuba Business > Cuba-US Trade

The White House has rejected compromise language in a contentious Cuban agricultural trade provision in the FY06 Transportation-Treasury appropriations bill, Sen. Byron Dorgan, D-N.D., said Monday. Read More

Cuba will buy $270,000,000 of US agriculture products despite Bush restrictions on free trade

Posted in Cuba Business > Cuba-US Trade

AFP Cuba signed 270 million dollars in contracts with US firms at a fair here, Cuba’s import chief said. The United States has imposed an embargo against Cuba since the early 1960s, but the communist-ruled island has been allowed to buy food and medicine from its northern neighbor since 2001. “Despite… Read More

US to be largest food supplier to Cuba in 2005

Posted in Cuba Business > Cuba-US Trade

By Marc Frank | Reuters The United States will be Communist-run Cuba’s biggest food supplier this year, despite trade restrictions and onerous regulations, the head of the state’s food importing monopoly said on Friday. Alimport Chairman Pedro Alvarez said in an interview that about $500… Read More

Venezuela increases trade with Cuba

Posted in Cuba Business > Cuba-World Trade

Associated Press Venezuela hopes to double business with Cuba to $4 billion (euro3.4 billion) next year, including investments in housing projects and two Cuban oil refineries, said a commerce official attending an annual trade fair on the island. The South American country is already Cuba’s top… Read More

Nebraska Governor and Cuba sign trade agreement

Posted in Cuba Business > Cuba-US Trade

(Havana) Governor Dave Heineman and members of an 18-person agricultural delegation from Nebraska today signed private contracts with Cuban officials to import significant quantities of Nebraska wheat, soybeans and dry, edible beans. Read More

Cuba and Alabama sign trade agreement

Posted in Cuba Business > Cuba-US Trade

HAVANA. The state of Alabama clinched deals today to sell $19 million dollars worth of chicken, minced meat and wooden utility poles to the Cuban government at the communist country’s annual trade fair. Read More

Venezuela Cuba trade accelerates

Posted in Cuba Business > Cuba-World Trade

Associated Press Venezuela has become Cuba’s top trading partner, selling the Caribbean island $1.4 billion in oil and other goods annually, Cuba’s government said Monday. Trading has increased amid strengthening political ties between the two countries under the leadership of presidents… Read More

Over 300 business people attend Cuba business trade fair

Posted in Cuba Business > Cuba-US Trade

ANITA SNOW | Associated Press Farmers brought California vegetables, North Carolina turkeys and Arkansas rice to Cuba’s annual trade fair Monday, showing that Americans are still hungry for the communist country’s market despite U.S. rules that make trade difficult. More than 300 representatives… Read More

Havana International Fair FIHAV

Posted in Cuba Business > Cuba-World Trade

Prensa Latina Havana’s International Fair (FIHAV) is recognized as an ideal space for global business people, said organizing committee chair Abraham Maciques, and this is shown because FIHAV 2005, is predicted to be even bigger than the last. Maciques asserted that in this 20th edition, to be… Read More

Chvez threatens to send F-16s to Cuba, China

Posted in Cuba Business > Cuba-World Trade

President Hugo Chvez warned Tuesday he might share Venezuela’s U.S.-made F-16 fighters with Cuba and China, accusing the United States of making it difficult for his country to obtain spare parts for the aircraft. Read More

Bodegas del Caribe develops wine brands in Cuba

Posted in Cuba Business > Business In Cuba

DTcuba.com Bodegas del Caribe S.A., a Cuban-Spanish joint venture, has a thick portfolio of offers that have allowed the company to gain ground in the market of the Caribbean Island. The firm commercializes several wine brands, including Castillo del Wajay, Palacio de Arganza, Se�or�o de Pe�alba,… Read More

India and China powers strenghting in Latin America

Posted in Cuba Business > Cuba-World Trade

Latin America has become one of the top business partners of India in 2004-05 with the two-way trade growing by 77.66 percent to 3.5 billion. India has a three year plain to double its trade in Latin America. 1. Indian has the PTA preferential trade agreement with Mercosur, India is now talking to other… Read More

Selling cars in Cuba ... someday

Posted in Cuba Business > Cuba-US Trade

BY LISA GIBBS | Miami Herald After Fidel Castro is gone, two men who’ll be on the first Miami-Havana flight are brothers Lombardo and Lomberto Perez. Their business: Selling cars. Before the revolution, Cubans demonstrated a huge appetite for automobiles; in all of Latin America, the country was… Read More

Execs have eyes on Cuba

Posted in Cuba Business > Business In Cuba

A survey shows many executives plan to do business in a post-Castro Cuba. Media consultant Jose Cancela wants to buy into Cuban media. INVESTING BY DOUGLAS HANKS III | Miami Herald Jose Cancela wants to turn Cuba’s state-run media into a profit-making enterprise. The Miami-based Hispanic media… Read More

Cuba to develop international convention industry

Posted in Cuba Business > Business In Cuba

DTCuba.com Congress tourism is one of the most attractive options in Cuba’s leisure industry, which has an excellent infrastructure to develop that activity. From January to August 2005, Cuba hosted 191 meetings, which were attended by 24,400 delegates. Although the number of meetings dropped 17.6… Read More

Havana Cuba hotel to offer wireless internet access

Posted in Cuba Business > Business In Cuba

DTCuba.com The Panorama Hotel, in the Cuban capital, has incorporated new facilities for entrepreneurs in order to boost business tourism. As part of the strategy to develop that sector of the tourist industry, the hotel is providing WI-FI Internet services starting this month. That option, experts said,… Read More

Venezuela and Cuba form bilateral trade agreements

Posted in Cuba Business > Cuba-World Trade

Granma.cu | BY VENTURA DE JESUS President Hugo Chvez and Carlos Lage close Joint Commission on Comprehensive Bilateral Cooperation Agreement Integration is not an illusion, and one expression of that reality are the ties of solidarity between Cuba and Venezuela, peoples that together form a single fist,… Read More

Communication with Cubans

Posted in Cuba Business > Cuba-US Trade

Does anyone know a better way to communicate with Cubans? My friend and I had found a great and relatively inexpensive way to communicate with eachother between the US and Cuba. I bought her a cell phone when I was last in Cuba and we are able to send text messages to each other all the time. It is free… Read More

South Korea KOTRA opens office in Cuba’s Miramar Trade Center

Posted in Cuba Business > Cuba-World Trade

DTCuba.com South Korea, one of the fastest-growing Asian economies at present, is boosting trade and cooperation with Cuba. With that goal in mind, the Seoul-based Agency for Trade and Investment Promotion (KOTRA) opened an office at Havana’s Miramar Trade Center. KOTRA has 105 representative offices… Read More

Chinese DF7G-C locomotives to service Cuba railroad system

Posted in Cuba Business > Business In Cuba

DTCuba.com Cuba’s transportation sector will receive 12 Chinese-made locomotives, as part of business deals to reactivate that sector in the Caribbean Island. The DF7G-C locomotives, experts said, will be used to carry cargo and passengers on Cuba’s railroad system. The 2,500-horse-power… Read More

Publishing print media in Cuba - Gutierrez photo engravers

Posted in Cuba Business > Business In Cuba

Text scanned from 1938 Space Buyers’ Guide of Cuba listing print media in circulation at the time. COALS TO NEWCASTLE WHY send cuts to Cuba when the most complete and up-to-date facilities are at your disposal for making them right here where they are to be used? We are in touch with all of the… Read More

Advertising agencies in Havana in 1929

Posted in Cuba Business > Business In Cuba

Taken from Barton’s American Guide to Havana and Cuba 1929 All of the agencies listed below are experienced in the preparation of advertising for foreign markets. Having resident associates in Havana, they are prepared to give you reliable information concerning the Cuban market and Cuban publications.… Read More

Electricity, oil and sugarcane biomass energy in Cuba

Posted in Cuba Business > Business In Cuba

By Patricia Grogg | Global Information Network Cuba continues to be plagued by an energy crisis and blackouts, despite major investments to modernize a service that now extends to nearly 96 percent of the country’s 11.2 million inhabitants. An increase in domestic production and an agreement with… Read More

Duty free zones and industrial parks decree law 165 from 1996

Posted in Cuba Business > Business In Cuba

Camara de Comercio de la Republica de Cuba Decree-Law No. 165 Duty-Free Zones and Industrial Parks DECREE-LAW NUMBER 165 DUTY-FREE ZONES AND INDUSTRIAL PARKS Fidel Castro Ruz, President of the Republic of Cuba’s State Council. LET IT BE KNOWN: That the State Council has agreed the following: WHEREAS:… Read More

Pebercan oil drilling a success off Cuba

Posted in Cuba Business > Business In Cuba

oil and gas journal | Offshore staff Drilling and production company Pebercan, Inc. reported successful drilling of the Seboruco-12 development well off the northern coast of Cuba. The well is located approximately 350 m east of the Seboruco-11 well, and produced over 1,500 b/d over a period of 48… Read More

Venezuela businesses to sell exports to Cuba

Posted in Cuba Business > Cuba-World Trade

Forbes.com Venezuelan businesses signed deals to sell US$36.7 million (euro30 million) worth of goods to Cuba Thursday that will include exports of shoes, underwear, artificial leather and industrial products to the communist country. More than 280 companies, cooperatives and other commercial organizations… Read More

ONGC Videsh Ltd aka OVL buys drilling rights for oil in Cuba

Posted in Cuba Business > Cuba-World Trade

PTI ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp, has acquired a 30 per cent stake in seven oil and gas blocks in Cuba, which hold more than 4 billion barrels of oil reserves. Spain’s Repsol-YPF is the operator of the Block 25-29, 36 and a part of Block 35 with 40 per… Read More

Miramar Trade Center to have 18 buildings when completed

Posted in Cuba Business > Business In Cuba

DTCuba.com The Miramar Trade Center, in the Cuban capital, has become an excellent option that shows the development of real estate business in the Caribbean Island. The complex of offices and commercial centers, which is under construction, will have 18 buildings and will offer a renting area of 180,000… Read More

Korea trade agency opens office in Havana

Posted in Cuba Business > Cuba-World Trade

Chosun.com The Korea Trade-Investment Promotion Agency (KOTRA) has opened a trade center in Havana, Cuba, one of the world’s last socialist countries. The two nations have yet to establish diplomatic relations. That brings KOTRA’s branches to 105 in 75 countries. KOTRA expects the trade center… Read More

Cuba to update electricity grid with $10 million OPEC Fund loan

Posted in Cuba Business > Business In Cuba

Press Release - OPEC Fund for International Development The OPEC Fund for International Development today signed a US$10 million loan agreement with the Republic of Cuba to co-finance the modernization and expansion of the electricity network in the capital, Havana. The aim of the project is to improve… Read More

Fidel Castro in Jamaica for PetroCaribe Summit

Posted in Cuba Business > Cuba-World Trade

Periodico26.cu Cuban President Fidel Castro is in Jamaica to take part at the Summit of the PetroCaribe energy regional integration program. The summit, which was called by Venezuelan President Hugo Chavez and Jamaica’s Prime Minister Percival Patterson, is scheduled for Tuesday, September 6, marking… Read More

Status of Cuban telephone system

Posted in Cuba Business > Business In Cuba

DTCuba.com Cuba’s telecommunications sector has developed over the past few years, and the country will have 89.6 percent of digital telephone lines by this year’s end. According to local authorities, public telephony has increased from 6,820 phones in 1994 to 34,125 in the first semester… Read More

ONGC Videsh Indian oil company researching Cuba oil drilling opportunity

Posted in Cuba Business > Business In Cuba

Telegraphindia.com ONGC is eyeing a stake in two oilfields in Cuba and a 30 per cent share in some exploration blocks in the communist country, where Repsol, a Spanish upstream oil firm, is currently carrying out oil exploration in those blocks. ONGC-Videsh (OVL) officials will accompany the minister… Read More

US based Starwood Hotels Cuba land siezed by Cuban government in 2003

Posted in Cuba Business > Cuba-US Trade

BY FRANCES ROBLES | Miami Herald Four decades after Fidel Castro’s government had apparently seized all foreign-owned properties in Cuba, it now turns out that a U.S. telephone company retained some 400 acres of land in and around Havana until just two years ago. News of the surprising landholdings… Read More

Iran Cuba relations strengthened

Posted in Cuba Business > Cuba-World Trade

IRNA.ir Outgoing Cuban Ambassador to Tehran Jose Ramon Rodriguez met here Saturday with president Mahmoud Ahmadinejad. Presidential Office Media Department said that Ahmadinejad called the Tehran, Havana ties as excellent, brotherly and growing. Although the geographical distance between the two states… Read More

Cuba sugar mills close and life goes on

Posted in Cuba Business > Business In Cuba

Reuters Marc Frank Mounds of scrap metal, rusting railway cars and abandoned mills pockmark Cuba’s countryside as the island abandons much of traditional sugar plantation economy and culture, leaving residents in limbo. “Cuba will never live off sugar again. That belongs to the era of slavery,”… Read More

Nebraska Governor signs $17 million trade deal with Cuba

Posted in Cuba Business > Cuba-US Trade

Associated Press U.S. governors coming to Cuba to secure trade deals face more than just business haggling. Governors and other politicians often must first confront letters and calls discouraging their trip, generally from Florida lawmakers fiercely opposed to Cuban President Fidel Castro and from other… Read More

Republican Governor Heineman of Nebraska in Cuba to talk trade

Posted in Cuba Business > Business In Cuba

AFP The Republican governor from the US farm state of Nebraska, Dave Heineman, arrived in Cuba with a trade delegation hoping to secure export deals for his state’s agricultural products. Heineman and a 10-member delegation, including business executives, are due to remain in Cuba through to Wednesday.… Read More

Silares Terminales del Caribe forced out of Cuba - Property to be nationalized

Posted in Cuba Business > Business In Cuba

Associated Press The Cuban government ended a contract with the company administering the island’s cruise terminals following remarks by President Fidel Castro that cruise ships exploit small Caribbean countries and were no longer welcome in Cuba. A Council of State resolution signed Aug. 2 and… Read More

Vermont Agriculture Secretary Steve Kerr meets with Cuban officials about cattle and biotechnology

Posted in Cuba Business > Cuba-US Trade

By Bruce Edwards Rutland Vermont Herald Staff Nearly 100 Vermont cows will receive a special welcome when a trade mission led by Lt. Gov. Brian Dubie arrives in Cuba on Friday. The visit by Dubie and state Agriculture Secretary Steve Kerr is meant to coincide with the inaugural sale of 94 registered… Read More

Cuban pharmaceutical industry

Posted in Cuba Business > Business In Cuba

DTcuba.com The Laboratory of Liquid and Powder Pharmaceuticals in Bayamo, in the eastern Cuban province of Granma, is expected to recognize its products as equivalent to the best medications in the world. According to experts, the center is one of the major pharmaceutical laboratories in the country… Read More

Official clarification of Cuba trade rules from US Treasury site

Posted in Cuba Business > Cuba-US Trade

U.S. Treasury Department Clarifies Rules for Trade with Cuba Ruling allows U.S. goods to be shipped to Cuba more quickly The U.S. Treasury Department has clarified the rules governing trade with Cuba under a law known as Cuban Assets Control Regulations. In a July 29 press release, the Treasury Department… Read More

Agricultural sales to Cuba clarified

Posted in Cuba Business > Cuba-US Trade

A top-ranking senator on the Finance Committee has ended a deadlock with the Treasury Department over U.S. exporters’ agricultural sales to Cuba. Read More

Congressional staffer named to prepare for transition in Cuba

Posted in Cuba Business > Cuba-US Trade

The Associated Press Posted July 28 2005, 5:03 PM EDT Read More

Cuba’s ongoing electricity problems

Posted in Cuba Business > Business In Cuba

By Gary Marx | Chicago Tribune It’s Tuesday evening in the working-class neighborhood of Cerro, but the lights are out and the streets are pitch-black. Illuminated only by the occasional battery-powered lamp or by a passing automobile, residents sat on stoops or on street corners waiting out another… Read More

BANDES bank to finance Havana electricity system

Posted in Cuba Business > Business In Cuba

bnamericas.com Venezuela’s state-owned development bank BANDES plans to finance a US$93mn electrification project in Cuba’s capital Havana, BANDES said in a statement. Funds will come from BANDES recently created US$70mn international cooperation fund (FACI), which will provide US$20mn to… Read More

El Cobre mine might become Santiago de Cuba tourist attraction

Posted in Cuba Business > Business In Cuba

IPS/GIN The people now at the helm of the oldest copper mine in Latin America, located in eastern Cuba and shut down in 2001, want it to be recognised as a national treasure and global heritage site. That goal is a key part of the plans for rehabilitating an ecosystem damaged by the mining industry,… Read More

Let Cuba US Ag business develop - editorial

Posted in Cuba Business > Cuba-US Trade

FarmAndRanchGuide.com | Editorial Our Views: U.S. has worked hard to develop trade with Cuba - let’s move ahead Like a half-finished building project that has run out of funds, building trade with Cuba remains unfinished. Opportunities exist for both countries to benefit from a trade relationship,… Read More

Phone service being repaired in Cuba

Posted in Cuba Business > Business In Cuba

Prensa Latina Cuban telecommunications are on the mend after winds from hurricane Dennis snapped cables, toppled telephone poles and wreaked other damage in that sector. A notice from Cubas Telecommunications Company (ETECSA) said many localities from the provinces of Sancti Spritus, Granma, Villa… Read More

Cuban Economy update via Green Left Weekly

Posted in Cuba Business > Business In Cuba

Marce Cameron | Green Left Weekly On May 1, Cuba’s socialist government raised the country’s minimum wage — from 100 to 225 pesos per month — and sharply increased pensions for retirees. This was followed on July 1 by additional pay rises of 57 pesos for doctors and 43 pesos for… Read More

5th Inter-American Labor Law conference set for Havana

Posted in Cuba Business > Business In Cuba

Anyone who is a professional in the areas of labor law or social benefits/social security is allowed under U.S. law to visit Cuba to participate in this conference. This would including attorneys and other legal professionals who address these issues, as well as union officials and staff, for example.… Read More

Nebraska to explore trade to Cuba

Posted in Cuba Business > Cuba-US Trade

AP A group of Nebraskans will go on a trade mission to Cuba in August in hopes of selling Nebraska farm products to the Communist nation. In the past two years, Cuba has imported $1.4 billion in agricultural products from the United States. Food, agricultural products and medical supplies are the only… Read More

Entrepreneurs in Cuba - Going out of business?

Posted in Cuba Business > Business In Cuba

Vanessa Bauza | Sun Sentinel Business is booming at Cesar Gallardo’s sandwich stand. His food is fast, tasty and cheap, the perfect combination for hundreds of students, truck drivers and commuters who eat their lunch on the run every day at the busy intersection where Gallardo set up shop a decade… Read More

Castro continues to shrink foreign investment and business in Cuba

Posted in Cuba Business > Business In Cuba

By Gary Marx | Chicago Tribune foreign correspondent In a further sign of economic retrenchment, Cuban officials have closed scores of foreign businesses that were welcomed here a decade ago to bail out the nation’s faltering economy. Some of Europe’s largest companies formed joint ventures… Read More

Pebercan of Canada finds oil off Cuba and will drill for more

Posted in Cuba Business > Cuba-Canada Trade

http://ogj.pennnet.com | Oil and Gas Journal Pebercan Inc., Montreal, plans more drilling on Block 7 along Cuba’s north coast after success at the Seboruco-11 horizontal development well. The company said the well, 340 m east of Seboruco-10, went to 4,855 m MD and penetrated three successive… Read More

Alimort invites US Cuba Trade Association to Havana to discuss business relations

Posted in Cuba Business > Cuba-US Trade

By Vanessa Arrington | Associated Press Writer A group of Americans from a U.S. trade association pushing for normalized commercial relations with communist Cuba arrived in Havana Wednesday to discuss future business possibilities and the current state of trade with their Cuban counterparts. The visit… Read More

Cuba asking foreign companies to leave island

Posted in Cuba Business > Business In Cuba

BY GARY MARX Chicago Tribune Fri, Jun. 24, 2005 Read More

Castro wants fewer entrepreneurs in Cuba

Posted in Cuba Business > Business In Cuba

By Vanessa Arrington | Associated Press Writer Cuba’s communist government has revoked some 2,000 licenses from self-employed workers across the island, part of an ongoing campaign to reassert state control over the economy, local media reported. Those who lost their licenses were violating rules… Read More

A day in the life - Survival and business in Cuba

Posted in Cuba Business > Business In Cuba

By Diana Marrero | The Florida Times-Union Officially, the 39-year-old woman makes about $6 a month selling produce at an open air market near the city’s famed seaside wall. But when business is brisk, she can more than double her salary. More customers, she says, means more opportunities to skim… Read More

Cuba Trade: ‘Don’t Ask, Don’t Tell’

Posted in Cuba Business > Cuba-Canada Trade

Embassy, June 15th, 2005 NEWS STORY By Sarah McGregor Canadian firms manage to do business with Cuba in the shadow of restrictive U.S. policy Read More

French hotel chain Accor (with 41 hotels in US) to open 3rd and 4th hotel in Cuba

Posted in Cuba Business > Cuba-World Trade

Reuters French hotel group Accor SA has taken over management of Cuba’s Riviera and Capri hotels, two notorious haunts of the Mafia in pre-revolutionary Havana, the company’s representative said. “We are very excited. Our imaginations are already hard at work. We can do many things… Read More

Return to Cuba - Louisiana Governor Kathleen Blanco plans 2nd trip

Posted in Cuba Business > Cuba-US Trade

The Associated Press State economic development officials are planning another trade mission to Cuba in hopes of finding more deals for Louisiana businesses. A contract was signed in March committing Cuba to spend $15 million over 18 months for Louisiana products, said Felipe Martinez, project manager… Read More

Southern states will create many jobs if Cuba trade is expanded

Posted in Cuba Business > Cuba-US Trade

BizJournals.com Southern states stand to gain the most if U.S. trade with Cuba is normalized, according to a University of South Alabama professor. Speaking Friday to business leaders and elected officials from throughout the South, Seemon Chang, director of USA’s Center for Business and Economic… Read More

Status of economy in Cuba - rice cookers, minimum wage and oil

Posted in Cuba Business > Business In Cuba

By Corey Sabourin | Contributor to The Christian Science Monitor FDR promised a chicken in every pot. For Fidel Castro, it’s a pot for every chicken. Since announcing the distribution of subsidized rice steamers and pressure cookers in a speech delivered on International Women’s Day in March,… Read More

Cuban officials receive visas to visit five states to inspect cattle for purchase

Posted in Cuba Business > Cuba-US Trade

By Bruce Edwards | Rutland Herald Vermont Some Vermont cows are finally getting their chance to take a long trip to Cuba. Seven months after signing a contract to buy Vermont cows, Cuban officials will visit the state next week to select more than 100 cattle for export to the communist island nation.… Read More

Cuba cuts back European business joint ventures substantially

Posted in Cuba Business > Business In Cuba

By Marc Frank | Reuters Western companies welcomed in Cuba as heroes a decade ago for bucking the U.S. embargo are packing up and leaving as the Communist government rolls back market reforms and squeezes out intermediaries. Embittered by the change in attitude, small and medium-sized foreign businesses… Read More

VietNam and Cuba to work together on biotech and environment

Posted in Cuba Business > Cuba-World Trade

VNAgency.com Viet Nam and Cuba need more co-operative programmes in biotechnology, information technology and marine environmental protection, Prime Minister Phan Van Khai told a visiting Cuban delegation yesterday. The Cuban delegation, led by acting Cuban Minister of Science, Technology and Environment… Read More

Mississippi Rep. Thompson to explore business opportunities in Cuba

Posted in Cuba Business > Cuba-US Trade

By Ana Radelat | Clarion-Ledger Washington Bureau Mississippi farmers hoping to give Cubans a taste for catfish and other local delicacies are heading to the island nation this week. Second District Rep. Bennie Thompson, who visited Cuba in 2000, will lead the group heading Wednesday to Havana on a five-day… Read More

Cuba Policy Update from LAWG.org - Easing agriculture trade rules with Cuba

Posted in Cuba Business > Cuba-US Trade

In the House and Senate, Cuba policy change advocates have been at work on bills to reduce barriers to agricultural trade.  These bills are an important step toward gauging support for rolling back all restrictions on agricultural trade with Cuba, plus a plethora of additional important advances… Read More

Cuba to switch computers to Linux, dumping Windows

Posted in Cuba Business > Business In Cuba

Caribbean NetNews           Wednesday, May 18, 2005 Read More

Cuban telephone service

Posted in Cuba Business > Business In Cuba

DTcuba.com Cuba is replacing analogue telephone technology with digital services, as part of a strategy to improve telephony on the Caribbean Island. According to executives from Empresa de Telecomunicaciones de Cuba S.A. (ETECSA), more than 130,000 phone lines will be digitalized in Cuba. Technological… Read More

China Cuba ties strongest ever - Castro meets Chinese national advisor

Posted in Cuba Business > Cuba-World Trade

Xinhuanet.com Cuba and China have had frequent exchanges of high-level visits in recent years and their close ties are in the best period in history, said Cuban leader Fidel Castro Ruz while meeting with top Chinese national advisor Jia Qinglin here on Friday night. Castro, president of the Council of… Read More

Swap: Cuba gets 90,000 barrels of oil per day, Venezuela gets 30,000 Cuban doctors

Posted in Cuba Business > Cuba-World Trade

Canadian Press Venezuela and Cuba have agreed to start a joint shipyard, the Venezuelan government said Wednesday, the latest sign of strengthening economic ties between the Latin countries. The shipyard was among a series of agreements signed between the countries last week during a visit to Cuba by… Read More

Castro’s largesse troubles economists

Posted in Cuba Business > Business In Cuba

By Marc Frank in Havana. Financial Times, UK, May 3 2005 Read More

USCTA - New trade association formed to promote US Cuba business trade

Posted in Cuba Business > Cuba-US Trade

PRESS RELEASE U.S.-CUBA TRADE ASSOCIATION 2300 M Street, NW Suite 800 Washington, D.C. 20037 Tel:  202/ 530-5236 ** Fax: 202/530-5235 Email:  .(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))+";";… Read More

Bush Administration policy change restricting US business exports

Posted in Cuba Business > Cuba-US Trade

By Jeffrey Sparshott | THE WASHINGTON TIMES Radlo Foods sold more than $1.5 million in eggs, about 3 million dozen, to Cuba from September through February, said David Radlo, the company’s chief executive officer. Exports from the Watertown, Mass., firm to the communist-ruled island were rising… Read More

Maine Agriculture Commissioner Spear due To leave hospital after Cuba trip

Posted in Cuba Business > Cuba-US Trade

WMTW.com Maine Agriculture Commissioner Robert Spear is leaving a Florida hospital Tuesday after being stricken with an illness while in Cuba earlier this month. Spear and his wife plan to return to Maine Wednesday. Spear was flown from Havana to Miami on April 8 after being stricken by septic shock… Read More

Russia and Cuba continue to debate past and future trade

Posted in Cuba Business > Cuba-World Trade

By Anthony Boadle | Reuters The stained-glass image of Vladimir Ilich Lenin still dominates the reception hall of Russia’s embassy in communist Cuba. But little else recalls the heyday of Soviet-era ties with Havana in the empty corridors of the massive concrete building that once was teeming with… Read More

Wifi wireless internet access at the Meli Cohiba Hotel in Havana Cuba

Posted in Cuba Business > Business In Cuba

DTCuba.com The five-star Meli Cohiba Hotel, located in the Cuban capital, has inaugurated new facilities for its guests. Recently, the hotel installed a Wi-Fi wireless connection system that facilitates guests’ access to the Internet and e-mail services. Entrepreneurs, businesspeople and guests… Read More

After Castro, don’t expect any sudden changes in economic policy

Posted in Cuba Business > Cuba-World Trade

Question: What economic path will Cuba take after Fidel Castro? Read More

Jesse Jackson thinking about a business trip to Cuba

Posted in Cuba Business > Cuba-US Trade

Reuters The Reverend Jesse Jackson plans to travel to Cuba to promote U.S. trade with the Communist-run island, a friend said on Thursday. Jackson visited Cuba in 1984 when he secured the release from jail of 22 Americans and 26 Cuban political prisoners, and again in 1991. This time he will be going… Read More

Alliances with China and Venezuela bolster Cuba

Posted in Cuba Business > Cuba-World Trade

By Marc Frank in Havana Published: April 7 2005 in the Financial Times Read More

Governor Blanco after Cuba trip w/ commentary

Posted in Cuba Business > Cuba-US Trade

Shreveporttimes.com When Gov. Kathleen Blanco returned from Cuba last month, she came home with far more than a contract to sell $15 million of Louisiana agriculture products. She also came home with the deepening respect of business executives and economic development officials who see Blanco as the… Read More

COCAL awards Havana “best city” for conventions in Latin America

Posted in Cuba Business > Business In Cuba

Prensa Latina The Latin American Federation of Congress and Related Event Planners (COCAL is the Spanish acronym) made public the most outstanding destinations of 2004 in organizing congress and events, with Brazil and Havana awarded as best country and best city, respectively. In the best country category,… Read More

President Bush chooses to restrict US agricultural sales to Cuba

Posted in Cuba Business > Cuba-US Trade

By NED RANDOLPH | The Advocate business writer The Bush administration is refusing to back down from its decision to start imposing payment restrictions on U.S. exports to Cuba. The restrictions, which require cash payments in advance of goods being loaded onto ships in the United States, will add costs… Read More

Visa Gold Explorations - current state of Cuba shipwreck business

Posted in Cuba Business > Cuba-Canada Trade

Publisher note: After reading [url=http://www.CubaNews.com]http://www.CubaNews.com[/url] article regarding the current state of Visa Gold Explorations, Inc. (V.YVL), we decided to buy the expired domain name (VisaGoldExplorations.com) and point it to this this information page at… Read More

Cuba oil production to increase with more Chinese equipment arriving

Posted in Cuba Business > Business In Cuba

Reuters Chinese oil drilling equipment has begun arriving in Cuba as state-run Cubapetroleo (Cupet) and its foreign partners prepare to significantly increase drilling along the northwest coast, industry sources said this week. “Four service units and a small rig have arrived and we are waiting… Read More

More details regarding Govenor Blanco trip to Cuba

Posted in Cuba Business > Cuba-US Trade

By James Varney | Time Picayune As Gov. Kathleen Blanco and her circle of advisers darted from meetings to meals during their time in Havana, two questions loomed like the giant swastika Cuban authorities have painted outside the U.S. Interests Section downtown: Just how much in Louisiana products would… Read More

American business invests in Cuba via foreign companies - Opinion

Posted in Cuba Business > Business In Cuba

BY Paolo Spadoni He is a PhD candidate in the Department of Political Science at the University of Florida. American investments in foreign companies that operate in Cuba are perhaps the most emblematic example of gaping holes in U.S. policy.   Last June, the United States reinforced its decades-long… Read More

Resignation letter from President to members of U.S.-Cuba Trade and Economic Council, Inc.

Posted in Cuba Business > Cuba-US Trade

U.S.-Cuba Trade and Economic Council, Inc. 30 Rockefeller Plaza New York, New York 10112-0002 Telephone (212) 246-1444 Facsimile (212) 246-2345 E-mail: .(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))+";";… Read More

US-Cuba Trade and Economic Council President John Kavulich resigns

Posted in Cuba Business > Cuba-US Trade

A top expert on U.S.-Cuba trade announced Tuesday that he had resigned, saying he was ‘‘tired’’ of dealing with the Cuban and U.S. governments, careless journalists and “two-bit hustlers.’‘ ‘‘I don’t care what conclusions people draw; I would… Read More

U.S. Cuba trade expert quits

Posted in Cuba Business > Cuba-US Trade

A leading expert on trade with Cuba resigned out of frustration with what he called opportunists in both countries. BY NANCY SAN MARTIN AND JUAN O. TAMAYO .(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))+";";… Read More

Louisiana Governor Kathleen Blanco seals trade deal with Alimport

Posted in Cuba Business > Cuba-US Trade

Mary Murray | MSNBC Louisiana Gov. Kathleen Blanco accomplished what she set out to do during a three-day visit to Cuba this week: bolster business ties with a burgeoning market just hours away from the Gulf state. The Louisiana state delegation signed four key agreements with Alimport, the Cuban government’s… Read More

US Cuba trade in 2005 - Opinion

Posted in Cuba Business > Cuba-US Trade

Orlando Sentinel | By Paolo Spadoni | Special to the Sentinel The Treasury Department’s Office of Foreign Assets Control has just announced new trade guidelines that reinterpret payment procedures for U.S. food exports to Cuba. In October 2000, the U.S. Congress authorized cash-only sales of American… Read More

Cuba finds foreign investors for Nickel industry

Posted in Cuba Business > Cuba-World Trade

DTcuba.com Cuba is promoting foreign investments in the nickel industry, with an eye to guaranteeing growth in that economic sector. One of the latest actions taken in that direction is the signing of an agreement with the Canadian firm Sherrit International, with the goal of increasing production at… Read More

International Food Fair Opens in Havana

Posted in Cuba Business > Business In Cuba

http://www.periodico26.cu/english.htm Representatives from over 400 firms from 10 countries are scheduled to take part in the 10th International Food Fair to be held in Havana from March 8 to 12. The Expocuba exhibition hall will host business executives and producers from Argentina, Brazil,… Read More

Louisiana Governor Kathleen Blanco explores business ties with Cuba

Posted in Cuba Business > Cuba-US Trade

By James Varney | Times Picayune Louisiana On Tuesday, as she steps off a flight to Havana, Gov. Kathleen Blanco will become Louisiana’s first chief executive to visit Cuba, an official journey that she says is focused on economic issues but which inevitably is wreathed in political tension. Opponents… Read More

More U.S. companies exporting goods to nation, despite White House unease

Posted in Cuba Business > Cuba-US Trade

By Dean Calbreath UNION-TRIBUNE STAFF WRITER March 3, 2005 Read More

Rule change seeks to halt US agriculture sales to Cuba

Posted in Cuba Business > Cuba-US Trade

By Rafael Lorente Tribune Newspapers: South Florida Sun-Sentinel The Bush administration announced Tuesday that it will begin requiring Cuba to pay American farmers in advance of shipment for agricultural products, a change that trade proponents say will hurt lucrative food sales to the island. One farm-state… Read More

How to invest in Cuban real estate - wait

Posted in Cuba Business > Business In Cuba

By TRACEY EATON | The Dallas Morning News Just 90 miles from American shores yet impossibly out of reach is a cash-starved nation awash in billions of dollars in real estate. The largely untapped Cuban market, with exquisite mansions, majestic colonial homes and virgin beaches, is a potential gold mine… Read More

China makes more investments in Caribbean

Posted in Cuba Business > Cuba-World Trade

By MICHAEL NORTON | Associated Press Writer China is waging an aggressive campaign of seduction in the Caribbean, wooing countries away from relationships with rival Taiwan, opening markets for its expanding economy, promising to send tourists, and shipping police to Haiti in the first communist deployment… Read More

Gulfport MS renews contract with Havana for Shipping to Cuba

Posted in Cuba Business > Cuba-US Trade

Plenglish.com Daniel McNeel, executive director of Gulfport, Mississippi, and Pedro Alvarez, head of ALIMPORT, Cubas food import company, have renewed an agreement to increase shipments from that harbor to Cuba. The accord with Gulfport, the third most important southern US seaport, was first signed… Read More

China and Venezuela investments bring Cuba out of economic slump

Posted in Cuba Business > Business In Cuba

By VANESSA ARRINGTON, Associated Press Writer Gilberto Sago remembers the time, before the collapse of the Soviet Union thrust Cuba’s economy into crisis, when a pound of pork cost just four Cuban pesos, or about 15 cents. “Everything was so abundant, and much, much cheaper,” said the… Read More

Cost of Living in Cuba

Posted in Cuba Business > Business In Cuba

By The Associated Press Average salaries, per month: Teacher: $9.60 Business administrator: $11.35 Engineer: $14.40 Doctor, general practitioner: $27 Doctor, specialist: $31 Taxi Driver: $6, plus tips Cost of products: Rice, per pound: 14 cents Beans, per pound: 35 cents Bread, per pound: 39 cents Sugar,… Read More

Cuba is 25th largest agriculture export market to US

Posted in Cuba Business > Cuba-US Trade

Reuters Cuba became the United States’ 25th-largest agricultural export market in 2004 with food purchases jumping 55 per cent, despite a decline recently as always tense relations deteriorated further, a report released yesterday showed, reports Reuters. “With the completion of the 2004… Read More

Foreign banks loan money to Cuba despite US pressures

Posted in Cuba Business > Business In Cuba

By Paolo Spadoni | Special to the Orlando Sentinel During the past year, the Bush administration has exerted pressures and imposed fines on several foreign banks doing business with Cuba. Specifically designed to prevent Havana from depositing U.S. dollars abroad to fulfill its trade obligations, U.S.… Read More

Customs security technology installed at Port of Havana

Posted in Cuba Business > Business In Cuba

DTcuba.com A new radiological equipment to inspect containers was installed at the port of Havana, as part of a strategy to boost international trade. The equipment was made by China’s Nuctech Company and is a positive step to ensure customs security. The new equipment scans a container in just… Read More

Kansas to sell wheat to Cuba

Posted in Cuba Business > Cuba-US Trade

Associated Press State officials have announced a $3.5 million trade deal with Cuba involving more than 25,000 metric tons of Kansas wheat. The deal, reached late last week and announced Friday, includes 10,000 metric tons from the Garden City Co-Op, with the rest of the grain being shipped from Wichita… Read More

Port Of Gulfport Mississippi Executives Head To Cuba

Posted in Cuba Business > Cuba-US Trade

By Karla Redditte | WLOX.com As one ship leaves carrying licensed agricultural products as part of it’s regular route to and from Cuba, leaders with the port of Gulfport say they want to keep seeing ships like these coming in. Executive director Don Allee says that’s the goal behind this… Read More

The Cuban Economy by Mises Institute

Posted in Cuba Business > Business In Cuba

by Christina D. McIntosh and Grant M. Nlle | Mises Institute “The destiny of this country was decided long ago and nothing and no one can intimidate or threaten us.”  Fidel Castro’ remarks last year leave little doubt that he is willing to go any length to preserve the socialist… Read More

Senators propose bill to ease restrictions on doing business with Cuba

Posted in Cuba Business > Cuba-US Trade

BY VANESSA BAUZA AND RAFAEL LORENTE | South Florida Sun-Sentinel A bipartisan group of U.S. senators wants to keep the Bush administration from making sales of food to Cuba more difficult. Democratic Sen. Max Baucus of Montana and Republican senators Larry Craig of Idaho, Pat Roberts of Kansas and Richard… Read More

US sales to Cuba rise

Posted in Cuba Business > Cuba-US Trade

Havana, Feb. 4 (Reuters): US farm product sales to Cuba, which began only in 2002, have now topped $1 billion, the head of Cuba’s food import agency said yesterday. Read More

Cuba inks import deal with US

Posted in Cuba Business > Cuba-US Trade

Cuba signed a multi-million dollar deal on Thursday with a US dairy consortium to import powdered milk despite Fidel Castro’s recent rhetorical assault on US President George Bush. Read More

Cuba oil Cubapetroleo signs deal with China oil Sinopec

Posted in Cuba Business > Cuba-World Trade

VNagency.com The Cuba Oil Company (Cubapetroleo) signed a production contract with the China Petroleum & Chemical Corp (SINOPEC) to work in areas around the Cuban island believed to contain oil deposits, Cuba’s Ministry of Basic Industry reported on Monday. The deal was reached during an early… Read More

Cuban Ambassador in Iran to discuss trade and relations

Posted in Cuba Business > Cuba-World Trade

Turkish Weekly His Excellency Jose Ramon Rodriguez, Cuba’s Ambassador in Tehran talked to IRAN NEWS in an exclusive interview. He said: “Bilateral Iran-Cuba ties are quite transparent and progressing forward. These ties are in different cultural, economic and political domains. Trade between… Read More

Cuba: an economy that lives in the past

Posted in Cuba Business > Business In Cuba

Article in the Christian Science Monitor By David R. Francis Read More

TEXAS A&M TO PRESENT WORKSHOP ON AGRICULTURE TRADE WITH CUBA

Posted in Cuba Business > Cuba-US Trade

Writer: Lorri Jones, (281) 855-5620,lv-jones@tamu.edu Contact: Joe Janak, (361) 575-4581,jjanak@ag.tamu.edu Dr. Parr Rosson, (979) 845-3070,prosson@tamu.edu Texas Cooperative Extension, a partner in the Texas-Cuba Trade Alliance, will present an educational program to help agricultural producers, businesses… Read More

Shipment of Pennsylvania dairy cattle leaves for Cuba

Posted in Cuba Business > Cuba-US Trade

BY MARY KLAUS of The Patriot-News Five tractor-trailer loads of pregnant heifers left Londonderry Twp. for Cuba yesterday in the nation’s first live cattle shipment since mad cow disease was discovered in a cow in Washington state in December 2003. The shipment of 69 Jerseys and 132 Holsteins,… Read More

Iran grants Cuba 20-million euro credit

Posted in Cuba Business > Cuba-World Trade

BY RAISA PAGESóGranma International staff writer http://www.granma.cu/ingles/2005/enero/lun17/04iran.html Plant under construction in that Asian country to manufacture a Hepatitis B vaccine, Interferon, Streptokinase and human Erythpoyetine with Cuban technology … Read More

Cuba to Step up Repairs to Electric Supply

Posted in Cuba Business > Business In Cuba

Prensa Latina The maintenance works started in late 2004 in Cuba’s thermoelectric stations will continue at a faster speed and with better results in 2005, according to local media. The aim for 2005 is to reach 68 percent power availability, Cuban Electricity Union (UNE) Power Supply director Pedro… Read More

2004 Cuban economy grows by 5% - but what is GDP in Cuba?

Posted in Cuba Business > Business In Cuba

By Marc Frank | Financial Times The government rejects the standard formula for GDP and says 2004 growth was 5%. Many citizens don’t buy it. After 46 years in power, Cuban President Fidel Castro is known to play only by his own rules. Even so, his recent move to disregard the standard formula for… Read More

Jardines del Rey International Airport receives 22 flights per week

Posted in Cuba Business > Business In Cuba

DTcuba.com The Jardines del Rey International Airport, on Cayo Coco, receives 22 flights carrying foreign vacationers from different parts of the world every week. According to sources from the sector, the flights mainly come from Canada, the United Kingdom, Germany, Argentina and Italy, which are the… Read More

Cuba’s new ‘growth’ rate fails to cure old problems

Posted in Cuba Business > Business In Cuba

By Marc Frank Published in the Financial Times: January 14 2005 02:00 Read More

International Economists Meeting Slated for Havana

Posted in Cuba Business > Business In Cuba

[url=http://www.periodico26.cu]http://www.periodico26.cu[/url] Academic rigor and a plurality of ideas in discussion of important world events will characterize debates at the 7th International Economists Meeting on Globalization and Problems of Development to be held next month in… Read More

Despite U.S. limits, Cuba tourism up

Posted in Cuba Business > Business In Cuba

The Associated Press Tourism to Cuba increased 8 percent in 2004 compared with 2003, despite new U.S. restrictions sharply cutting back on how many Americans visit the island. More than 2 million tourists visited the Caribbean island, the largest number ever, Tourism Minister Manuel Marrero announced.… Read More

Sherritt discusses coal plant development in Havana Province

Posted in Cuba Business > Cuba-Canada Trade

By Allison Murray | [url=http://www.BNamericas.com]http://www.BNamericas.com[/url] Canadian mining and energy company Sherritt International is in discussions with Cuba’s government regarding the possible development of a coal-fired thermoelectric project at Mariel in La Habana… Read More

Drought in Cuba will reduce sugar harvest

Posted in Cuba Business > Business In Cuba

AP Latin America Cuba predicted a smaller sugar harvest this year because of drought, one year after the island’s harvest was down by a third. The harvest for the 2004-2005 season in Cuba is expected to be just four months long, beginning in January and ending in April. Cuban sugar harvests usually… Read More

Cuba and China Boost Tourist Cooperation

Posted in Cuba Business > Cuba-World Trade

DTcuba.com Cuba and China are boosting tourist cooperation with the execution of major projects. According to experts, authorities from the two countries are working to establish direct flights to make it easier for Chinese tourists to travel to the Caribbean Island. Some 40 Chinese travel agencies with… Read More

JP Wright sells Florida cattle to Cuba

Posted in Cuba Business > Cuba-US Trade

Associated Press The first shipment of Florida-bred cattle to Cuba in more than 40 years was leaving Friday from this port near Fort Lauderdale. Twenty-two beef cattle were on a cargo chip for the three-day trip to Havana, said J.P. Wright & Co. Inc., which has a contract to ship the livestock under… Read More

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