Published On: Thu, Apr 14th, 2016

Barbados seeking to break into Cuban market

inniss_penaBRIDGETOWN - With the formal re-establishment of diplomatic relations between Cuba and the United States, Barbados and other Caribbean Community (CARICOM) countries are now seeking to further partner with that country in an effort to take advantage of emerging opportunities.

This was revealed when Industry Minister Donville Inniss received a courtesy call from Cuba’s Ambassador to Barbados, Francisco Fernandez Pena, on Tuesday.

The minister disclosed that apart from forging deeper economic relations with Cuba, the Barbados government was also eager to engage robustly in trade, and there were a number of companies ready to do business with the Spanish-speaking island.

He confirmed that from May, Bank Breweries Limited would be seeking to export approximately one million cases of beer to Cuba. He added that early next month, a delegation comprising government and private officials would be travelling to Cuba to conduct a trade mission.

Inniss also pointed out that, over the years, Cuba has been committed to providing extensive technical assistance to Barbados, especially in the area of health care.

In turn, the ambassador noted that since the establishment of diplomatic relations in December 1972, Barbados and Cuba have maintained a cordial relationship characterised by cooperation and mutual respect. The two officials also touched briefly on the upcoming Cuba International Tourism Fair set to take place in Havana.

The restoration of relations between Cuba and the United States was reinforced on March 21, when President Barack Obama became the first sitting US president to visit Cuba since 1928.

By Theresa Blackman

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