Cuba to Present Updating of its Economic Model at Davos Forum

Cuba will present the update of its economic model by participating this week in the 49th edition of the World Economic Forum to be held in this Swiss city.

The Foreign Trade and Foreign Investment Minister, Rodrigo Malmierca, announced it on his Twitter account.

'We arrived at Davos #Suiza where Davos Forum meeting begins with numerous business and government delegations, he said.

'Cuba will provide information on updating its economic model and political attraction of foreign capital,' he pointed out when referring to the participation of Cuba in the event that will take place from January 22 to 25.

Malmierca arrived in Switzerland from Belgium where he made a working visit during which he examined the progress of bilateral economic relations with the Belgian Deputy Prime Minister and Minister of Economy and Employment, Kris Peeters.

On the other hand, he held a working meeting with the director general of International Cooperation and Development of the executive body of the European Union (EU), Stefano Manservisi, with whom he analyzed the feasibility of several new projects, especially those linked to the 500 years of the Cuban capital.

Malmierca confirmed a sustainable development conversation in Havana next March following his meeting with European Commissioners Neven Mimiça and Christos Stylianides, in charge of International Cooperation and Development, as well as Humanitarian Aid and Crisis Management, respectively.

He was also received by the president of the Belgian Chamber of Commerce, Bernard de Gerlache; and shortly afterwards he talked with businessmen to promote Belgian investment in Cuba.

The Cuban official concluded his working visit to that European nation with an exchange with distributors of Habanos S.A., whose overfulfillment of the plan of exports to this country, Luxembourg and the Netherlands he recognized.