Spain Signs Transportation Agreement with Cuba

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With the recent signing of agreements on medium and long term debt, Cuba and Spain have furthered their relationship by signing another major agreement, a memorandum of understanding, on transportation and infrastructure.  This deal will permit Spain to assist in the development of essential transportation and infrastructure on the Island. Spain is Cuba’s third largest trade partner.  Cuba, once a colony of Spain, share a long history of more than 500 years.  The cultural ties that bind the two nations are still strong.   Nearly 300 Spanish businesses currently operate and/or import to Cuba including auto parts, tourism and food and beverages sectors.  Many of these Spanish investments are in the tourism industry.  Since the 1990s, major Spanish hotel corporations such as  Meliá Hotels, Iberostar Hotels…




Unbiased reporting on economic news and business developments in Cuba by industry sector


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