The 2004 Havana International Trade Fair closed in Havana on Sunday with the signing of contracts and letters of intent worth around 200 million USD.
Under the documents, foreigners will export 193 million USD worth of goods to Cuba, while importing 7 million USD worth from the island country.
Cuba’s farm produce import company (ALIMPORT) alone signed contracts worth more than 135 million USD with foreign partners to import wheat, soya-bean, wheat flour, and poultry, including 65 million USD worth of goods from 15 American states.
The ALIPORT chairman said his company has signed contracts to purchase 1 billion USD worth of farm produce from the US since 2001. Despite the US’s tight economic embargo on Cuba, imports from the US increased from 343 million USD last year to 450 million USD in 2004.
The US currently ranks sixth among Cuba’s trading partners, following Venezuela, Spain, Canada, the Netherlands, and China.
The week-long trade fair was attended by more than 1,170 enterprises from 45 countries operating in the markets of electronics, information technology, importation and exportation of agricultural products, garment and textile, and footwear.
The next event will be held in Havana in November 2005.