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Cuba and Spain Affirm their Willingness to Foster Economic Relations

Havana, December 14 (RHC).--- Cuba and Spain affirmed on Friday, in Havana, their mutual willingness to foster economic exchange, during the 19th Session of the Bilateral Entrepreneurial Cooperation Committee.

During the session, the acting president of the Cuban Chamber of Commerce, Odalys Seijo, said that relations with Madrid have been marked by satisfactory results as Spain keeps being Cuba's major commercial partner in Europe.

Bilateral commercial exchange this year has reported important figures, which has been the result of operations here by Spanish companies, particularly in the fields of real estate, tourism, the light and the food industries.

The Cuban official stressed that the recently created Special Development Zone at the Mariel Harbor, west of Havana, pursues foreign investment based on cutting-edge technology projects in order to foster sustainable economic development, increase exports and replace imports in an effective manner, as well as create a new source of employment.

Spanish ambassador to Cuba, Juan Francisco Montalban, highlighted the potential of the bilateral exchange between the two countries, which continued to consolidate in 2013.

Montalban favored the improvement of relations in the entrepreneurial, economic and investment fields, which can be achieved with the opportunities being offered by the new Special Economic Zone in western Cuba.

The 2014 bilateral working program was announced during the meeting, which includes the fostering and promotion of investment, visits to different areas of interest, joint and coordinated work and the participation of entrepreneurs in trade shows.

At present there are 196 subsidiary offices of Spanish companies in Cuba.
Edited by Juan Leandro
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