Business & Economy

Cuba Rebukes US at World Trade Org.

Cuba strongly criticized the U.S. blockade and described it as a failed policy during a debate in the Dispute Settlement Body of the World Trade Organization (WTC) on Section 211 of the U.S. Budget Allotment Act, which has led to litigations between both nations over the possession of trade marks registered in the island.

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Fewer Storks Visit Cuba’s Clinics

Women in Cuba cite a variety of reasons to explain their decision to have only one child, ranging from the housing shortage to the rising cost of living and the many work responsibilities they have to shoulder. But many say that if things were different they would have a bigger family.

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Cuba-China Co. to make appliances

Cuba and China will launch in 2010 a joint venture to produce household electrical appliances such as washing machines, ACs, lights, monitors, PCs and laptops, a joint effort between the Haier Corporation and the island’s Electronic Group.

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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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