(Updated may 9 2008, 10:30 am)
Some 200 Cuban and Mexican business executives held a two-day meeting this week in Havana hoping to boost trade and business opportunities between the two countries.
According to Granma newspaper, Raul Becerra, president of the Cuban
Chamber of Commerce, highlighted that in the first quarter of 2008
commercial exchange between Cuba and Mexico increased by 70 percent compared to the same period in 2006.
The Mexican business representatives present came from a wide gamut of sectors including the food, steel, energy, tourism and informatics
Luz Maria de la Mora, in charge of the Economic Relations and
Cooperation office of the Mexican Foreign Ministry, said her country
imports rum, tobacco, chemical goods, medicines and copper products
among others from Cuba for a total of US $16 million in 2007, while
Mexico sold Cuba $190 million in farm and industrial products.
An agreement was signed at the meeting between the National Bank of
Foreign Commerce of Mexico and the National Bank of Cuba in an effort to boost imports and exports between the two countries.
Estrella Madrigal, trade and economic adviser at the Mexican embassy,
told Prensa Latina that this 15th Meeting of the Cuba-Mexico Business
Committee was an important opportunity to promote and develop ties. (acn)