Articles / News / Cuba / Cuba and China Signed Promotional Trade Agreement
Tuesday, August 21, 2012
Cuba and China Signed Promotional Trade Agreement
Havana, Cuba, Aug 21.- Cuba and China signed a cooperation accord in Havana to boost commercial promotion between both countries.
The document was penned by the general secretary of Cuba’s Chamber of Commerce Omar Fernandez and by the general deputy director of China’s Trade Center, Xu Bing during a ceremony at Havana’s National Hotel.
Fernandez told reporters that the accord stipulates the exchange of commercial information and the promotion of trade activity between the two countries. However, the accord does not include concrete commercial actions, since the two signatory institutions are only involved in the promotional activity. This means that both parties will share access to publications and other commercial information issued in their territories.
The signing ceremony was also the occasion to brief Cuban entrepreneurs on the business opportunities they can find at China’s Import-Export Fair, considered the major trade show in the Asian country.
China is Cuba’s second major commercial partner after Venezuela.(ACN)