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Cuba and Spain to review new business projects
Published on September 27, 2012 Email To Friend    Print Version

HAVANA, Cuba (ACN) -- Entrepreneurs from Cuba and Spain will on Thursday discuss in Havana new business opportunities for 2012-2013, at the XVIII Business Cooperation Committee between the two countries.

The opening speeches will be given by Estrella Madrigal, president of the Cuban Chamber of Commerce (CC), and Teruel Manuel Izquierdo, head of the Council of Chambers of Spain.

According to the program, representatives of both delegations will give lectures about the updating of the Cuban economic model and the prospects for the Spanish economy in the current crisis.

José Antonio Vicente, director of the Zaragoza Fair, will provide details of the Biotechnology Fair to be held in Spain from October 9 through the 11 this year and explain the sector priorities for the nation.

In the seventeenth Committee, held in March 2010 in Havana, participants evaluated investment projects, export of services and strategic alliances in areas such as information technology and communications, iron and steel industry and the joint development of vaccines.

Visiting officials said at the time that Madrid was the primary European investor in Cuba, with more than $1.5 billion annually, and that number could grow in the near future.

Official sources report that, in 2011, Spain was among the main trading partners of Cuba, after Venezuela and China.
 
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