Monday, June 07, 2010

Business leaders look to boost Cuba-Dominican trade

Economy - 7 June 2010, 12:40 PM

Business leaders look to boost Cuba-Dominican trade

SANTO DOMINGO. - A delegation from 30 Cuban companies in several sectors
is in the country to bolster bonds in trade and cultural and scientific
cooperation.

Cuba business leaders and an official of the Ministry of Foreign Trade
signed diverse agreements with Dominican authorities, aimed at
increasing trade between both nations in an expedite manner.

Foreign Trade and Investment vice minister Aurelio Mollineda heads the
delegation which includes Cuba Chamber of Commerce vice president Odalis
Seijo, and which will be in the country until June 13.

The Cuban-Dominican business gatherings will held in the Dominican
Republic Export and Investment Center (CEI-RD) headquarters, whose
director Eddy Martinez affirmed that trade and scientific cooperation
are fundamental to relations between both Caribbean nations.

He said current Dominicana-Cuba annual trade tops 50 million dollars, a
figure which could rise given the need for both nations to exchange
products and services. "I feel that our challenge is to get the
Dominican Republic and Cuba to have trade which surpasses 700 million
dollars."

In his welcoming speech the CEI-RD director called on both nations to
take advantage of the increasing potential of Latin American countries,
for which he says it's essential to motor stronger ties in business and
scientific cooperation.

Whereas Mollineda revealed that president Leonel Fernandez will make an
official visit of Cuba, during which he plans to sign several agreements
with Havana par Raul Castro.

http://www.dominicantoday.com/dr/economy/2010/6/7/35939/Business-leaders-look-to-boost-Cuba-Dominican-trade

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