Business & Economy

Cuba’s Trade with Canada Up 15%

Commercial exchange between Cuba and Canada registered a 15 per cent growth in the first nine months of 2009, announced Canadian Minister of State for the Americas Peter Kent during a meeting with Cuban Deputy Foreign Minister Dagoberto Rodríguez.

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Orbitz Keeps Plugging for Cuba Travel

Orbitz Worldwide travel company continues to campaign for an end to the US ban on its citizens from visiting neighboring Cuba. The OpenCuba.org campaign started by the firm has to date received 100,000 signatures from people trying to send a message to Washington.

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Open House at Havana Int. Trade Fair

“I remember the first time that I came to the trade fair I fell in love with a stroller here. I was pregnant and wanted it for my son, but it was only a whim I couldn’t realize. They didn’t even sell it, but I had to resign myself to the one I’d used when I was little. My mother had kept it well preserved all those years,” said a member of the public.

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Sol Meliá Promotes Cuba Destination

This month Spain’s Sol Meliá group will carry out in Chile, Argentina and Uruguay a campaign to promote its hotels and offers in Cuba, placing emphasis on the installations located on keys and the opportunity of combining them with the capital, announced the Cuba Division’s CEOs.

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Brazil Ships Machinery to Cuban Port

Brazilian companies began transporting heavy machinery to Cuba, where they will work in the reconstruction of the port of Mariel, to the west of the island’s capital, announced Brazilian Minister of Development, Industry and Foreign Trade Miguel Jorge. The estimated cost of the work is US $600 million, half of which will be contributed by the South American nation.

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Cuba and Russia sign oil agreements

Russia’s state-run Zarubezhneft Company will carry out oil exploitation operations in four blocks in Cuba during the next 25 years, according to a contract signed by the governments of both nations. This is the first agreement of its kind established since the disappearance of the Soviet Union in 1991.

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Ecuador to purchase power generation equipment

The government of Ecuador will purchase from Cuba equipment for the installation of thermoelectric units with a capacity for 150 megawatts, announced official sources in Quito. The South American country will specifically purchase power generation sets with internal combustion motors.

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Cuba Reaches 2 Million Tourists in 2009

For the sixth year in a row Cuba achieved the figure of two million tourists, announced the Ministry of Tourism. With two months to go in the year, tourist arrivals are up 3.9 percent over last year, reported IPS citing the Ministry. The growth has occurred despite the economic crisis and the international health situation.

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