Cuban President inaugurates the 37th International Fair of Havana (FIHAV)

Cuban President inaugurates the 37th International Fair of Havana (FIHAV)

Events

Cubaplus

The Cuban President Miguel Díaz Canel inaugurated the 37th edition of the Havana International Fair that will be open until next November 8 at the EXPOCUBA fair grounds with the participation of over four thousand businessmen and exhibitors from more than 55 countries.Prior to the traditional ribbon cutting, the Minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca, welcomed the participants and said that Cuba will continue its development plans in terms of promoting business and providing domestic and foreign companies with space for the exchange of commercial interests.Later, referring to this fair, he said that “the event fills us with satisfaction and demonstrates that amidst the difficulties and lack of resources, the will to overcome of our people stands out and the confidence of international entrepreneurs in the Cuban market ”.Regarding the sanctions that the Helms Burton law pretends to impose on foreign investors with business in Cuba, he expressed that this situation has forced the country to strengthen the legal protection and the support that Cuban laws provide for foreign companies established in the Island.The country continues to work to increase exports of Cuban goods and services, particularly in priority sectors such as tourism, medical services, the pharmaceutical and biotechnology industries and to boost exports from the territories, he added.He then stated that Cuba seeks to improve the climate for foreign trade and investment with the easing of some complementary regulations of the legal framework, eliminating internal obstacles and minimizing the negative impact of the blockade, especially due to the deterrent effect it creates with possible partners.In this way, he added, it also consolidates the creation of the Single Window of Foreign Trade that will start operating at the beginning of next year.«Our economy needs foreign investment to play a more active role in boosting exports and in that sense we will continue to work. Despite our problems, Cuba is still an attractive market for business, ”he said finally.The opening of this trade event, one of the most important in Latin America, was also attended byRicardo Cabrisas Ruiz, vice president of the Council of Ministers, other government officials and numerous businessmen.This 37th edition of FIHAV has a special connotation, because in a few days, on November 16, the Cuban capital will celebrate the 500th anniversary of its foundation.