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Cuba open for T&T business

Saturday, February 27, 2016
Cuban Ambassador to T&T Guillermo Vazquez Moreno, left, delivers the feature address during Cuba's National Day celebrations as his wife Maria Marquez and Foreign Affairs Minister Dennis Moses listen attentively. Photo courtesy the Cuban Embassy

Foreign Affairs Minister Dennis Moses is urging T&T companies to look for new business opportunities in Cuba as that country continues to open up to foreign investment.

Speaking at a Cuban National Day Event at the Cuban Embassy in Bayshore, Westmoorings, Moses noted that in November T&T's Trade Facilitation Office in Havana facilitated a successful trade mission which coincided with the Havana Trade Fair. 

“I was happy to hear that by all accounts the trade mission was a success. It is our hope that our T&T companies will follow in the footsteps of Sacha Cosmetics and Angostura Holdings Limited among others and seek exciting business opportunities in Cuba,” he said.

Moses said the partnership between T&T and Cuba goes back to 1972 when diplomatic relations were formally established and is characterized by trade, culture, tourism, education, sports and health.

“Some of you may have experienced the fruits of this bilateral co-operation. You may have been attended to by a Cuban medical professional at one of our health institutions or collaborated with a Cuban artiste. One of our Olympians who got a gold medal in the men's javelin at the 2012 London Olympics was trained by a Cuban coach. Our nationals have also studied in Cuba on the scholarship programme for Caricom,” he said.

Cuban Ambassador to T&T Guillermo Vazquez Moreno asked for more companies to visit Cuba and said the Caribbean's largest island is open to foreign investment. He said in 2015 more than 78 business People, as well as representatives of more than 30 companies from T&T visited Cuba. 

“The participation of T&T at the International Trade Fair of Havana as well as the visit of a large trade delegation from both the Chamber of Commerce and ExporTT can be considered a success,” Moreno said.