![Cuba ranks 114th in the world for fatality statistics in the COVID-19 pandemic. It is exactly for this reason many countries have requested the assistance of the Cuban medical brigades in their own battles against the disease. How have the Cubans achieved this success despite ever-increasing severity of U.S. sanctions and the devastating effects of the global pandemic? Cuba’s treatment protocols have played a major role. Its success is based on three factors: 1) The coordinated actions of health agencies […]](https://www.cubabusinessreport.com/wp-content/uploads/2020/09/cuban-covid-protocols.jpg)
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![A new joint venture WIMPERA S.A. has been formed to produce various types of waterproofing materials and treatments for the construction industry. The new JV will replace the millions of dollars of imports needed by construction industry in Cuba. According to comments made during the signing ceremony by José Luis Ortiz Valverde, president of the Spanish company Winkler Panamericana S.L and José R Vega Almaguer, president of the Mercantile Society Prodimat, this new JV is the result of several years […]](https://www.cubabusinessreport.com/wp-content/uploads/2020/09/wimpera-jv-waterproofing-materials.jpg)
![A new cooperation agreement between Japan and Cuba has been signed for a humanitarian donation of high-quality medical equipment for emergency services in hospitals and polyclinics throughout the country. The agreement is valued at 500 million Japanese yen (USD 4.7 million) and is set to arrive in the first quarter of 2021. The donation falls under the classification of Non-Reimbursable Financial Cooperation of the Japanese Government. It aims to strengthen the Cuban healthcare system in the face of the COVID-19 […]](https://www.cubabusinessreport.com/wp-content/uploads/2020/09/Japan-and-Cuba-sign-agreement.jpg)
![Cuba was elected almost simultaneously to the Vice-Chairmanship of the Executive Board of the Caribbean Development and Cooperation Committee (CDCC), a body of the Economic Commission for Latin America and the Caribbean (ECLAC/CEPAL), and the United Nations Economic and Social Council (ECOSOC). ECLAC is responsible for promoting and developing sustainable economic and social cooperation and integration among the countries in the Caribbean and Latin America region. Deborah Rivas Saavedra, Deputy Minister of the Ministry of Foreign Trade and Foreign Investment […]](https://www.cubabusinessreport.com/wp-content/uploads/2020/09/cepal.jpg)
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The Import and Export Process Starts Up
A few days before the release of Cuba’s new economic strategy to deal with the situation created by the COVID-19 pandemic, the first results of Resolution 315 to facilitate export and import services to the “non-state managem... More »
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Hotel Sector Investment and Expansion During the Pandemic: Interview with Gerard Byrne of Archipelago International
Archipelago International, Southeast Asia’s largest privately owned and independent hotel operator announced its most recent expansion in Cuba with a press release in July 2020. Two properties will be rebranded under Archipel... More »
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MINAL Discusses the Food Industry and Foreign Investment
In a discussion on the nightly current affairs program Mesa Redonda, Manuel Santiago Sobrino Martínez, Cuba’s Minister at the Ministry of the Food Industry (MINAL) spoke about the industry and the 35 agri-food projects in Cub... More »
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CIEGOPLAST Revives Production of TPAD Cages for Fish Farming
The CIEGOPLAST company of Ciego de Ávila has restarted the production of hatchery cages made with high-density polyethylene tubes (TPAD) for intensive fish farming. The project, abandoned in 2007, has been brought back to lif... More »
Trade Relations
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Cuba and Canada to Expand Economic and Trade Ties
Antonio Carricarte, president of the Cuban Chamber of Commerce, and his Canadian counterpart, Nancy Lussier, held a successful virtual conference on Thursday with the aim of expanding economic and commercial ties between the two nations. In the online meeting,... More »
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Cuba Expands Solar Plant Capacity with Financing from the ADFD
- Cuba Business Report Staff
Cuba has recently expanded a 10-megawatt (MW) solar photovoltaic park to 15 MW of total capacity with the financial assistance of the Abu Dhabi Fund for Development (ADFD). In a statement issued Sunday by the ADFD, the grid-connected project was scaled up with... More »
TOT Color SA to Begin Production at ZEDM This Month
- Cuba Business Report Staff
Spanish company Grupo TOT COLOR S.A, with its head office in the north of Spain, will begin operations in the Mariel Special Development Zone (ZEDM) this month. TOT Color SA is a 100% foreign capital company, which was approved to locate in the Mariel Developm... More »
Zarubezhneft Announces Successful Launch of Heavy Oil Tech at the Boca de Jaruco Field
- Cuba Business Report Staff
Zarubezhneft JSC, the Russian oil and gas company with operations at the Boca de Jaruco field in Cuba announced the successful launch of the first horizontal well in the flowing mode with an initial oil flow rate of 52 tons/day. The Company explained in a… TO ... More »
High Season for Tourism to Cuba’s Cayos Starts Up
- David Urra
Air Canada Vacations announced the resumption of flights to the northern keys (Cayo Coco) beginning September 4. One weekly flight will depart from Montreal. At the end of the month, there will be another flight from Toronto. The recent certification of intern... More »