To meet the targets set in its strategic plan for economic recovery, Cuban agriculture needs annual investments of $900 million pesos between 2021 and 2030 according to one expert on the subject. Luis Enrique Díaz Burón, Director of Investments and Development... More »
As one of its last acts on the way out the door, the Trump administration re-designated Cuba as state sponsor of terrorism on Monday. The move reverses a decision made during the Obama era. It will now be more difficult for the Biden administration to quickly ... More »
The Ministry of Foreign Affairs of the Russian Federation has just announced the relaunch of the project to modernize the Cuban railroad infrastructure. RZD International LLC and the Union of Railways of Cuba originally signed a contract for reconstruction and... More »
The Russian company Sinara Transport Machines Holding has sent seven more TGM-8KM locomotives to Cuba. The train engines are a part of a 2016 deal between Havana and Moscow. These seven new locomotives arrived in Cuba last Tuesday. The rail vehicles, at the co... More »
Cuba’s Gross Domestic Product (GDP) contracted by 11% in 2020 due to the COVID-19 pandemic and hardening of U.S. sanctions by the Trump administration but new growth is forecast in the upcoming year, Deputy Prime Minister Alejandro Gil told a session of Cuban ... More »
This week the Cuban Academy of Sciences rejected a report published by the National Academy of Sciences, Engineering and Medicine of the United States (NASEM). The U.S. government-sponsored report concluded, without scientific evidence, that radio frequency wa... More »
In a televised address to the nation, Cuban President Miguel Díaz-Canel, in the presence of Raul Castro, First Secretary of the Communist Party, made the announcement that the country will begin the currency unification process on January 1, 2021. The Official... More »
Cuba launched the latest Portfolio of Opportunities for Foreign Investments at the online Cuba Business Forum 2020. The event continues today. Rodrigo Malmierca, Minister of Foreign Trade and Investment, opened the first edition of the Cuba Business Forum 2020... More »
France and Cuba participated in a videoconference of the fifth sessions of the Bilateral Economic and Trade Commission and the Strategic Orientation Committee of the Franco-Cuban Countervalue Fund. The videoconference allowed Paris and Havana to reaffirm their... More »
Cuba has registered its fourth COVID-19 vaccine to undergo clinical trials. The two new vaccines are known as the Mambisa (CIGB 669) and Abdala (CIGB 66) developed by the Genetic Engineering and Biotechnology Center (CIGB). The Mambisa and Abdala vaccines have... More »
Cuban-British joint venture firm BioFarma Innovations made its formal debut on Friday in London in an online seminar that featured Cuban advances in biotechnology. According to the Cuban Embassy in the U.K., the seminar analyzed the advantages of the business ... More »
“There will be a Festival, and it will be in two doses,” the president of the Havana Film Festival (International Festival of New Latin American Cinema), Iván Giroud Gárate, said in an exclusive interview. Inspired in the current context of the COVID pandemic,... More »
