EU looks to Cuba for trade

Posted on: 01/02/2016

Dutch Deputy Foreign Minister Lilianne Ploumen led a mission to Cuba 23/1/2016 to cement trade links, accompanied by major companies including Philips, Unilever and Heineken, her ministry said. The trip comes hot on the heels of a German trade visit to Cuba earlier in January 2016, as relations between communist-run Cuba and the West continue to thaw. The Netherlands is one of Cuba's largest EU trade partners, importing 120 million euros ($131 million) worth of goods from the Caribbean island in 2014, with exports of 107 million euros, the Dutch Foreign Affairs Ministry said. The two countries signed a trade deal in 2014 covering tourism, logistics, water management and maritime affairs, agriculture and durable energy, and Foreign Minister Bert Koenders visited the island last year.  The Dutch multinational Unilever, one of the largest global manufacturers of personal hygiene and home care products will return to Cuba after being authorized to create a joint venture with majority ownership, reported dpa news. The company, which will partner with the State firm Intersuchel, will invest more than US $35 million and should begin operating this year in the free zone of the port of Mariel, located about 40 kilometers west of Havana.

Link Full Article
Link Germany Will Open Trade Office in Havana
Link Raul Castro Meets with German Vice Chancellor 

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