France’s Ministry for Europe and Foreign Affairs website issued a press release of a meeting held between Jean-Baptiste Lemoyne, France’s Minister of State and the Cuban Vice President of the Council of Ministers Ricardo Cabrisas Ruiz. France ranks among the t... More »
A Florida judge has dismissed a second Helms-Burton lawsuit against another cruise line company, Norwegian Cruise Line Holdings, Ltd. for allegedly trafficking in stolen property. US District Judge Beth Bloom for the Southern District of Florida granted the de... More »
The Ministry of Foreign Trade and Investment (MINCEX) has announced the official launch of the VUINEX application – the Single Window of Foreign Investment, aiming to expedite negotiation processes and the approval of businesses by foreign investors. The start... More »
India has offered a line of credit of USD 75 million to Cuba for the financing of solar parks. An agreement signed between the Export-Import Bank of India, Exim Bank, and Banco Exterior De Cuba in July last year came into effect on December 12,… You must be si... More »
Biotechnology cooperation are on the increase between China and Cuba as the two nations open their first joint biotechnology research and development center. China and Cuba signed development contracts at the second International Fair of Import from China in N... More »
This week, Cuban President Miguel Diaz-Canel called on Cuban citizens to celebrate the achievements of their country despite the adversities the nation continues to face. On Twitter, Diaz-Canel mentioned the challenge is to achieve as much prosperity as possib... More »
2019 has been a year of challenges and victories for Cuba. On January 1, Cuba celebrates the 61st year of the anniversary of the Cuban Revolution. On January 1, 1958, Fidel Castro and the revolutionary army declared victory over the right-wing dictatorship of ... More »
Cuba’s first biomass power plant connected to the Ciro Redondo Sugar Mill in the province of Ciego de Avila, is set to open this January. The power plant is located approximately 430 kilometers east of Havana. Groundbreaking ceremonies and construction of the ... More »
In spite of rumors in the press, currency unification (currency reform) is not going to happen on January 1 in Cuba. The process is in the advanced stages of review by Cuban government experts and the Central Bank of Cuba, “to conclude the process of… You must... More »
The staff at Cuba Business Report would like to wish all of our readers greetings for this holiday season. May there be peace and joy. We wish you all the best this season has to offer with time spent with family and friends. The tourists, in their annual mas... More »
President Miguel Díaz-Canel made the announcement on Saturday that Cuba has a new Prime Minister. The Cuban minister of tourism Manuel Marrero Cruz has been nominated for a five-year term as the country’s first prime minister since 1976. He was approved unanim... More »
On December 12 the Cuban government announced tourism statistics which reached a little over 4 million this year. Obviously, the totals for year-end are not in yet. Although the numbers did not reach the government prediction of five million, Cuban internation... More »
