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 new company is expected to explore, prepare and propose import and export business in both directions.
As part of the first actions of the new joint venture, an important commercial delegation from Brazil, made up of businesspeople from the textile, shoe, furniture, paint, aluminum sheets and meat sectors, visited the largest Antillean Island recently.
The visitors were briefed on the potentialities of CIMEX S.A., which owns 42 companies and over 1,000 facilities throughout the country.