The Binational Mexico-Cuba Chamber of Commerce was created with an eye toward being an ally to Mexican companies wanting to expand trade and investment on the communist island at a historic moment after the strengthening of bilateral relations.
“We’re seeking to become an ally of companies in closing business (deals). Also having greater participation in the Mexican business sector, and not only in the export area, but also in the … opportunities for investment that turn up” in Cuba, the president of the organization, Beatriz Barreto, told EFE in an interview.
In this way, the private organization, which began operations in 2015, is seeking “to strengthen commercial relations” between nations and foster “strategic associations” within the framework of the relaunching of relations by the two governments in 2012, when Enrique Peña Nieto came to power in Mexico and put an end to more than a decade of tension.
The organization functions as a civil association and received government – although not financial – support so that it could establish itself in just a year.
It is looking to expand its influence and last November, for example, members of the Chamber visited Havana and signed three “important” letters of intent in the health, culture and education sectors.
The tourism opening on the island, which was visited in March by U.S. President Barack Obama, implies a trade benefit not only for Mexico and other countries seeking to do business in Cuba, the head of the organization – which has several offices in Mexico – said.
During this new phase in Mexico-Cuba diplomatic relations – which date from 1902 and, although they have never been interrupted, have gone through highs and lows – Barreto said she did not want to focus only on the economic realm.
In 2014, Mexico and Cuba achieved a trade balance of $374 million USD, 89 percent more than a decade before, but Mexico’s share of that total was $362 million USD in exports. EFE
more recommended stories
IMSS Yucatan makes a public recognition to Nursing Staff
The Mexican Institute of Social Security.
Xcaret postpones the 14th edition of the Sacred Maya Journey
The return of the traditional Sacred.
A woman is crushed to death when a tree falls on top of her car on the Mérida-Valladolid highway
A strange accident happened on Thursday,.
With these local flowers, you help prevent the loss of bees in Yucatan
Every May 20, World Bee Day.
US government officials talk about UFOs publicly for the first time in 50 years
Two senior U.S. defense intelligence officials.
The US Embassy to invest 30 million USD in the “South of Mexico Generating Employment and Sustainability” program
In alliance with seven governments from.
Face-to-face courses return to La Ibérica de Mérida; they will celebrate a big event on Sunday
On Sunday, May 22, the Centro.
Construction worker arrested for sexual abuse against a maid inside a hotel in Tulum, Quintana Roo
The municipal police of Tulum, in.
Yucatan is about to receive the first cloud of dust from the Sahara desert in 2022
A cloud of dust from the.
Yucatecans seek to sell one ton of Cochinita Pibil and 6 thousand panuchos in Mexico City
With the “Yucatán Expone” program, Yucatecan.