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Cuban official projects growth in 2007

Cuba's economy should follow two strong years of economic growth with an expansion of at least 10 percent, Economy Minister Jose Luis Rodriguez said. Rodriguez again defended Cuba's claims of 12.5 percent growth in gross domestic product for 2006, despite giving figures that indicated a slight slip in tourism " the Cuban economy's chief income earner. Read More

Cuba to enlarge nickel industry

Cuba said it will invest 300-plus million dollars in its basic industry, including nickel, to improve industry output and energy-saving efficiency. Holguin -located over 456 miles east of Havana- closed 2006 with a record production and nickel exports excelled as Cuba's largest hard currency income source. Read More

The Flight of the hummingbird wings

When only three years ago, the Cuban Institute of Music and the Phonographic National Office wanted to create its own record seal, as alternative for the promotion of certain areas in the creation and interpretation not always privileged by the market, they turned their heads to a specie of the Islands fauna, sung by the traditional trova movement, of modest and delicate expression: Colibrí (hummingbird). Read More

Senior Cuban, Chinese officials meet to discuss ties

A senior Cuban official and Chen Fengxiang, deputy head of the International Department of the Communist Party of China (CPC) Central Committee, on Friday spoke highly of the bilateral friendship. Ricardo Alarcon, member of the political bureau of the central committee of the Communist Party of Cuba, told Chen at their meeting that both countries witnessed an expansion of exchange in politics, economy, trade, culture and personnel, and strengthened mutual understanding and friendship in recent years. Read More

Cuba shelves turtle trade proposal, trashing Japan's 875 million yen effort

Cuba will put off a proposal to resume trade in sea turtles at an international meeting in June, meaning the 875 million yen the Japanese government has spent trying to restart the business has been wasted, a conservation group said Wednesday. Read More

Venezuela trumps China in Cuba feronickel deal

A senior Cuban official said Monday Venezuela had replaced China in local plans to produce fero-nickel at a partially completed plant in eastern Holguin province. "The Chinese are not continuing, we are redoing the project with Venezuela," Cuban Minister of Foreign Investment and Economic Cooperation, Marta Lomas, told Reuters, when asked about the Camarioca nickel works. Read More

Cuba boosts coffee production

Cuba's current coffee harvest peaked over 8,000 tons, said Ruben Martinez, vice-president of the Mountain Agriculture Entrepreneurial Group. According to a Prensa Latina report, coffee production increased by 3,200 tons compared to last year's season. Read More

Cuba continues purchasing agricultural products from U.S.

Nearly $1.5 billion in exports later, diplomatic relations between Cuba and the United States are still icy, but farm diplomacy is moving on its own track as state trade officials, farmers, ranchers and food traders flock to Cuba to sign deals with Cuba's food import firm Alimport. Read More

The 9th International Cigar Festival will be celebrated in Cuba

The 9th International Cigar Festival will take place in Havana, from February 26th to March 2nd. This event aims at fostering a wide exchange of experiences, products and ideas, besides providing delight to the people. An official statement issued by Habanos S.A. International Corporation informed in Havana that this encounter will include a Commercial Fair, Habanos Armagnac's Award, Habanosommelier contest and the launching of the product line Cohiba Maduro. Read More

Cuba reports increased Sorbitol production

The Cuban eastern province of Camagüey reported a substantial increase in sorbitol production in 2006. The province has the only sorbitol-producing plant in the country, which produced 1,356 tons of that substance last year Read More

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