FIHAV 2018, Constant Renewal of Cuban Trade

Featured FIHAV 2018, Constant Renewal of Cuban Trade

The successes of the recently concluded 36th Havana International Fair (FIHAV 2018) capture the attention of many markets that have been closely following the commercial boom of this island for some time now.

Europe is one of the most relevant points in this context of a one-week meeting that concluded on Friday in the halls of the Expocuba capital fairgrounds.

Apart from the data, and the presence of more than 3,000 businesspersons from 65 countries, perhaps the most interesting element was the wide range of opportunities that appeared in that meeting, to which all look with intentions to negotiate.

For many experts, FIHAV is not only the most important Cuban commercial exchange but also that of the Caribbean and Latin America, as many attendees at the fair evaluated.

This happens, precisely at a time when Cuba embraces a renewed economic model that covers the entire society and the island as a whole.

Hence, the Cuban Minister of Foreign Trade and Investment, Rodrigo Malmierca, recognized during those days that the success of the meeting reaffirms the interest of other markets to trade with the Island.

The minister considered that this occurs despite the desire of the United States government to hinder the business of Cuba and its efforts to strengthen its economic, financial and commercial obstacles against this nation.

FIHAV is a consolidated space for meetings between companies from Cuba, Latin America and the Caribbean and other parts of the world, the minister said.

Malmierca, also stressed that this year the fair had the particularity of being dedicated to Havana, close to its 500 years (November 16, 2019).

Cuba was the country with the highest number of distinctions, although countries like Germany, China, South Korea, Italy, and Spain also excelled in the categories with Gold Medal for the quality of the products exhibited and in the field of design.

During FIHAV, authorities announced that the eastern city of Santiago de Cuba will resume the Expocaribe Fair, scheduled for its 16th edition next year.

And as indispensable elements, which are now repeated by specialized media in commerce and economy, at the fair the Deputy Director of ProCuba, Dayli Martinez, presented the new portfolio of 340 Cuban exportable goods and services.

The document, in Spanish and English, shows data of 70 insular companies, of food, chemical, mineral, medicine, and tourism branches, among others.

This chain of events, presentations, and approaches of foreign companies, make a favorable scenario for Cuba.

Exports, foreign investment, and favorable development measures complete a panorama that should pay off in the immediate future, as many of those present at FIHAV 2018 appreciated.

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