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Tuesday, April 13, 2021
Wednesday, December 9, 2020

Cuba 2020 Business Forum promotes exports and foreign investment

Havana, Dec 9.- Representatives of the non-state sector will participate today in the last day of the Cuba 2020 Business Forum, an event that virtually promotes exports and foreign investment on the island.

The private workers will join this Wednesday alongside officials from the Ministry of Foreign Trade and Foreign Investment (Mincex) a panel in which they will present their experiences regarding their recent incorporation into the sale of products and services in the foreign market.

As reported this week on Twitter, Vivian Herrera, general director of Foreign Trade of Mincex, since the authorization of imports and exports for cooperatives and self-employed workers, a total of 27 sales contracts were signed abroad.

Since last summer, the Cuban authorities gave the private sector the green light to buy and sell outside the island through state-owned companies as a way to gain liquidity amid the global economic crisis and the decline in the island's income as a result of the Covid-19 pandemic.

The Cuba 2020 Business Forum allows the promotion of exportable goods and services from both the state and private sectors, since representatives from 93 countries participate in the meeting.

The meeting will conclude today with the assistance of the island's Deputy Prime Minister, Ricardo Cabrisas , refers to the official agenda of the forum.

On Tuesday, the Minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca , presented the new Portfolio of Business Opportunities with foreign capital, which includes 503 projects related to tourism, oil, energy, food, mining , among other strategic sectors.

Likewise, Malmierca released the list of more than 800 options of exportable products and services, among which stand out traditional rubles such as cigars, coffee, rum and other novelties such as packaged honey, cosmetic treatments, as well as fruits and vegetables. .

The minister the importance for the country of exports and investments with foreign capital, in the midst of the economic recession as a result of the pandemic and the new measures applied against Cuba as part of the United States blockade. (Text and photo: PL)