Trade Relations

Cuba and Canada to Expand Economic and Trade Ties

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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, both representatives agreed on the need to continue strengthening bilateral relations, even though the coronavirus pandemic affects the development of a great majority of the countries of the world, Josefina Vidal, Havana’s ambassador to Ottawa, published on Facebook.

During the conversation, they highlighted the importance of continuing working in key areas and sectors for both countries, including investments and exports in agro-industry, renewable energy, tourism, pharmaceutical and biotechnology industries and information technologies.

Currently, the Canadian market is the leading issuer of foreign visitors to the Caribbean nation worldwide, a figure that exceeded one million arrivals last year. Cuba is the second-largest market for Canada in Central America and the Caribbean.

Canada is Cuba’s fourth largest trading partner with several companies from the northern country interested in developing their operations in the island.

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This article was first published on the CubaNews.ACN website.

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