Cuba Politics News and Information


U.S. Companies Sell $259 Million of Goods to Cuba


Published: Fri November 11, 2005
By: crp236 in Cuba Politics > Castro's Cuba
Tools: Tell-a-Friend | Email this author | Printer Friendly | Del.icio.us This

U.S. Companies Sell $259 Million of Goods to Cuba

By VANESSA ARRINGTON, Associated Press Writer

Fri Nov 11, 5:03 PM ET

HAVANA - American companies sold $259 million of food and agricultural products to Cuba at a trade fair last week, the head of the island’s food import company Alimport said Friday.

Pedro Alvarez said his company expects to sign contracts worth $40 million more by year’s end.

Alimport also signed contracts with companies from other countries, agreeing to buy $67 million of rice from Vietnam, $35 million of powdered milk from New Zealand, $33 million of meat and beans from China, and $25 million of chicken from Brazil, among others.

Tight U.S. restrictions on trade with the communist-run island make doing business with the United States a hassle, but Cuba has no plans of halting its purchases any time soon, Alvarez told The Associated Press.

U.S. farmers and members of Congress representing agricultural, often Republican, states have become some of Cuba’s top lobbyists, pushing for normalized trade with the island.

Cuba has been under an American trade embargo for more than four decades, but a law passed by Congress in 2000 allows American food to be sold directly to the island on a cash basis. Recent restrictions require Cuba to pay for the goods in full before they leave American ports.

More than 40 U.S. lawmakers signed a letter this week calling for those recent restrictions to be lifted.

Alvarez said that by year’s end, Cuba plans to surpass the $474 million it paid last year to buy American farm goods, including shipping and hefty bank fees to send payments through third nations.

-----------------------------------------------------------------------------------------------------



CONTACT US with news tips, press releases, announcements, travel notes, etc

Comments

#1 - On Sat November 12, 2005, waldo (posts: 264) wrote:

CUBA YES, USA SI!


Submit A Comment / Login

Name:

Email: (Required. For Havana Journal use only. Not displayed to public.)

URL:

Notify me of follow-up comments?

 Please enter the word/numbers you see in the image above:

View all Havana Journal politics articles in 2009

Cuba Marketplace


BUY CUBAN CIGARS



Havana.biz for Cuba consulting, domains and websites in development


Images of Cuba


Another view of the Prado in Habana Vieja Cuba
Hope for the Future - painting of Cuban school children
Yellow classic - Dodge in Cuba?

Write Here


CONTACT US with news tips, press releases, announcements, travel notes, requests for information, etc.

Write your own article

Section Archive


Cuba news from this Section dated:

RSS Subscriptions


Miscellaneous


Join the Cuba Chamber of Commerce

Cuba Chamber of Commerce -- Founding Member

Please note that US citizens are restricted by US laws that prohibit the purchase of any products made in Cuba. US citizens are also restricted by law to spend any money in Cuba.

HavanaJournal.com is a Cuba information resource and does not endorse sales of Cuban products to US citizens.