Costa Rica Presents Business Portfolio and Investments in Cuba

Cuban specialists presented in front of more than 50 Costa Rican businessmen a wide business portfolio to promote bilateral trade and investments in priority areas.

Jose Govea, of the Ministry of Foreign Trade, and Niurka Marsan, of the Chamber of Commerce of Cuba, gave a detailed explanation of the advantages and security Cuba has provided to foreign investors and mentioned as priority areas for the establishment of different forms exchange the agriculture-forestry and agriculture-livestock sectors, and food and sugar industries.

Also on the list are tourism, construction, energy and mining, wholesale trade, health, pharmaceutical and biotechnology, steelwork, light, chemical and electronic and transportation industries.

Particularly with Costa Rica, Govea stated that the main interests of the Caribbean island is the agricultural and livestock industry, fruits, vegetables, ecotourism, IT, telecommunications and renewable energy, due to the progress of the Central American nation in these areas.

For her part, Marsan praised the legal security, the political and social stability, the geographic location and the new facilities offered by Cuba, including the Mariel Economic Development Zone, for foreign investment.

Business people attending the event monitored the contacts and trade possibilities started at that time. They accompanied President, Luis Guillermo Solis, during his official visit to Cuba in December.

Cuban ambassador to Costa Rica, Danilo Sanchez, stressed that the bilateral relations in all areas are covered by an agreement signed between the two governments. That accord includes practically everything from the contractual viewpoint, while there are some agreements in several specific industries and also between Procomer and ProCuba.

The trade meeting was also attended by Costa Rican Deputy Foreign Minister, Eduardo Trejos. He was also the coordinator of President Solis´ visit to Cuba.