Business & Economy

Cuba is promoting itself as a tourist destination in the Caribbean at the World Tourism Exhibition, which is taking place in Paris at the Port de Versailles Exhibition Park.

The Cuban Customs Office will soon begin enforcing a new law aimed at streamlining the paperwork involved in the exploration and exploitation of oil in Cuba’s Gulf of Mexico Economic Zone.

The 2012 International Biotechnology Conference concludes today at the Havana Convention Center with a presentation devoted to hepatitis B infections and cancer biology and treatment.

A delegation from the “Movement of French Enterprises” (MEDEF), attended a business forum with Cuban officials and island entrepreneurs on Tuesday at the Hotel Parque Central in the capital.

The organizers of the 14th Habanos Festival reported last Friday that over $ 960,000 was raised from the annual auction of Cuban cigars at the closing of the event in the Cuban capital. All of the funds will be donated to the Cuban health system.

After nearly a week of activities, the 14th annual Habanos Festival concludes today at the capital city’s PabExpo fairgrounds with an auction of humidors and other items related to tobacco agribusiness.

Beginning on Thursday, a resolution came into force from the Ministry of Domestic Trade allowing the unrestricted sale of salt at stores on the island.

From today until Saturday, representatives from Cuba will be promoting the island as a destination for tourism at a trade fair in the Chinese city of Guangzhou. The aim is to increase the number of travelers from Asian markets to the island.

A Cuban scientist working in Cayo Coco, Cuba, received the 2012 Pew Fellowship for Marine Conservation from the New York-based Environmental Defense Fund (EDF).

Cuba eased requirements on the registration of patents issued to local inventors while it banned some scientific applications, such as human cloning, published the island’s Gaceta Official yesterday.