Business & Economy

USA Opens Up Boat Travel to Cuba

Several Florida based companies will be racing to be the first Ferry line to travel to Havana after the US Treasury Dept. approved such trips on Tuesday. The first trips could come in a matter of weeks. Industry experts say travel by boat will be less expensive that flights and also provide the passenger with the ability to bring greater baggage weight.

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British Firms to Invest $400 million in Cuba, with Priority on New Golf Club

“It was a very successful mission,” said Lord Hutton of Furness, co-chairman of the Cuba Initiative, after signing direct investment agreements between British and Cuban companies for 400 million dollars. The legislator headed a trade mission that brought executives from 32 UK companies on an exploratory business visit that led to agreements to invest in the sectors of energy, agriculture and tourism infrastructure, including the construction “of a new golf course” at one of the country’s resort areas.

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