Saturday, November 5, 2011

Cuba Signs Contracts Worth over 300 Million U.S. Dollars at Trade Fair

Cuba Signs Contracts Worth over 300 Million U.S. Dollars at Trade Fair
2011-11-05 22:55:09 Xinhua

Cuba signed contracts worth over 300 million U.S. dollars at the
International Fair of Havana that ended Saturday, officials said.

Cuba also initiating negotiations and contacts for other business
transactions, said Abraham Maciquez, president of the trade fair
organizing committee.

The Cuban Ministry of Transport signed four documents with companies in
Canada and the Netherlands aimed at providing resources for the recovery
of railroads, motor transportation and ports on the island.

The fair was attended by about 1,500 foreign companies and official
delegations from some 20 countries.

The fair also involved more than 350 Cuban companies in areas such as
health, food industry, electronics, construction, and services, a sector
representing currently 70 percent of the national income.

The "fair is not a bilateral event between Cuba and foreign companies
involved, but an international meeting of trade relations," Maciquez
said. "It is a bridge, aimed at linking our continent with the rest of
the world to promote trade and relations of all kinds in a climate of
peace, tranquility and security."

http://english.cri.cn/6966/2011/11/05/2561s665970.htm

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