CubaMinrex. Sitio del Ministerio de Relaciones Exteriores de Cuba

Cuba and Spain Strengthen Commercial Relations.

CUBA, November 2, 2010.-  Commercial relations between Cuba and Spain show a positive development since the beginning of 2010, after a serious drop in 2009 as a consequence of the world economic crisis.

Manuel Cacho, Spain’s ambassador to Havana, pointed out on Monday in this capital, that from January to August exports from Havana increased by 6.5 percent until reaching 79 million Euros, with respect to the same period of 2009.

While inaugurating the stand of his country at the 28thedition of Havana’s International Trade Fair (FIHAV 2010), Cacho also referred to a 7.8 increase in sales from Spain to Cuba, which reached 335 million Euros.

Antonio Carricarte, First Deputy Minister for Foreign Trade and Investment, highlighted the European state as one of the island’s main trade partners.

Carricarte underlined the presence of over 200 Spanish entities in Cuba, which offer a variety of products, raw material and services, present in 21 sectors of the national economy.

With an exhibition area of some 1,700 square meters and the participation of 75 companies, Spain is the country with the largest amount of representatives in FIHAV 2010, under way at Havana’s Expocuba Exhibition Pavilion until Saturday, and that constitutes the most important business event of the island. (Cubaminrex-Cuban News Agency)

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