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United Arab Emirates and Cuba Strengthen Trade Ties

The United Arab Emirates (UAE) and Cuba have strengthened today their economic relations with a business forum at the Hotel Nacional de Cuba, to discuss opportunities and new ties.


21 de noviembre de 2016 - Prensa Latina

The United Arab Emirates (UAE) and Cuba have strengthened today their economic relations with a business forum at the Hotel Nacional de Cuba, to discuss opportunities and new ties.

During the welcoming to the participants, the director of international relations department at the Chamber of Commerce of the Republic of Cuba, Celia Laborit, expressed her satisfaction with this meeting and the potentialities to increase those contacts.

The meeting takes place on occasion of the visit to this country of UAE Economy Minister, Bin Saeed Al Monsoori, accompanied by entrepreneurs, especially in tourism, health, transportation, food and beverage, textile, energy, construction, services and investments.

This meeting, in the Hotel Nacional de Cuba's Vedado hall, fosters relationships, said Laborit, who stated that her office emerged in 1963 and has representation of 700 companies and entities from almost all sectors.

She added that the Chamber of Commerce has currently played an important role in the economic dynamization of the island. The executive urged to materialize and update the investment projects and promote businesses of common interest.

During the meeting, the participants received reports on the legal framework for the foreign investment in this archipelago, by the legal relations officer of the Chamber of Commerce of Cuba, Susana Enriquez.

As part of the two-day stay, the UAE delegation expects to visit the Mariel Special Development Zone, the main center of attention for the economy and investment in this Caribbean island.


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