Business & Economy

Cuba’s Minister of Foreign Trade and Investment, Rodrigo Malmierca, invited foreign capital to participate in “Special Development Zones,” during the inauguration of the International Trade Fair of Havana on Sunday.

The International Fair of Havana (FIHAV 2012) opened its doors this past Sunday and will keep them open until Saturday, November 10, at the EXPOCUBA fairgrounds in the capital city. It is being attended by over 3,000 exhibitors from 62 countries.

The hopes of Cuba to become oil self-sufficient and possibly export received a new jolt over the weekend with news that the super Scarabeo 9 drill rig will be leaving Cuban waters for West Africa.

The 30th Havana International Trade Fair opens today in the capital as Cuba tries to strengthen its foreign trade potential. The fair runs through Saturday November 10 at the Expocuba fairgrounds.

The impact Hurricane Sandy on almost 250,000 acres of crops in Cuba could have consequences for agricultural production on the island, according to a UN report made known on Wednesday.

The National Zoo of Cuba is “ready” to receive a donation of 146 animals of 23 species from Namibia, said Miguel Abud Soto, the director of that institution.

The Mexican low cost airline Interjet opened a new direct route between Monterrey and Havana. The two weekly flights aim to boost tourism between the two regions, The flights will take place regularly on Thursdays and Sundays.

The Venezuelan government-owned company PDVSA reported that it found no commercially viable oil in Cuban waters in the Gulf of Mexico, making their exploration well the third unsuccessful search for oil in recent months.

The Venezuelan government today sent 93 tons of foods to Cuba on an “air bridge” that will continue transporting humanitarian assistance in the wake of the damage caused by Hurricane Sandy, reported Venezuela’s minister of the Interior, Nestor Reverol.

The Alianza Democratica Cubana (ALDECU) has urged Cuban authorities to suspend the collection of customs taxes on individuals to facilitate the receiving of indispensable goods to relive the suffering left in the wake of Hurricane Sandy.