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Top related persons:
Ricardo Cabrisas - 1 Miguel Diaz - 1 Canel - 1 Diaz - 1 Jay Brickman - 1 Biden - 1 Hugo Cancio - 1 Cancio - 1
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HAVANA Cuba U.S Cuban Spain Russia Iran China
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Miami - 1 U.S - 1 DeCancio - 1 Thomson - 1

Search resuls for: "Cancio"


2 mentions found


☆ Cuba seeks foreign investment, thumbing nose at US sanctions
  + stars: | 2023-11-06 | by ( Nelson Acosta | ) www.reuters.com   time to read: +2 min
HAVANA, Nov 6 (Reuters) - Cuba hosted a business fair with over 800 companies from more than 60 countries on Monday as it lobbied for new investments, thumbing its nose at U.S. sanctions that have long spooked foreign companies from engaging with the communist-run island. "Today we work ...to minimize the negative impact of the economic, financial and commercial blockade," said Cuba foreign trade minister Ricardo Cabrisas at the forum's opening event. Cuban president Miguel Diaz-Canel told attendees "massive" participation at the fair this year was proof of business confidence in Cuba. The trade fair includes promotional stands from countries ranging from Spain to Russia, Iran and China. Foreign companies also complain that local regulations, bureaucracy and problems with the peso currency and payments also bog down business in Cuba.
Persons: Ricardo Cabrisas, Miguel Diaz, Canel, Diaz, Jay Brickman, Biden, Hugo Cancio, Cancio, Nelson Acosta, Dave Sherwood, Bill Berkrot Organizations: Reuters, Miami, U.S, DeCancio, Thomson Locations: HAVANA, Cuba, U.S, Cuban, Spain, Russia, Iran, China
☆ Cuba hosts first U.S. business conference in years, seeks investment
  + stars: | 2022-10-26 | by ( Marc Frank | ) www.reuters.com   time to read: +3 min
[1/3] Cuba's Deputy Minister of Foreign Affairs Carlos Fernandez de Cossio listens to Phil Peters, founder of FocusCuba, during a conference in Havana, Cuba, October 26, 2022. "Almost everything we do is with the new booming private sector," said Cuban-American Hugo , whose Miami-based Fuego Enterprises Inc (FUGI.PK) operates an online food market that processes 4,000 orders in Cuba per day. "It is important American businesses see this for themselves," said Cancio, who was attending the conference. The Biden administration has loosened some restrictions on Cuba around remittances, tourism and migration. It has also expressed interest in supporting Cuba's private sector.
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