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Trade between Cuba and Brazil surpassed $450 million in 2007
The Cuban leader and Brazilian Foreign Minister Celso Amorim presided over a joint session at Havana’s Convention Center to review the implementation of ten bilateral agreements. These were signed this past January during the visit to Cuba of Brazilian President Luiz Inacio Lula da Silva.

“Our current challenge is to see Brazil as Cuba’s number one trade partner, and we are favorably positioned achieve this,” said Lage.

Cuban Minister of Foreign Trade Raúl de la Nuez presented an overview of the trade links between the two countries, which had been non-existent almost 15 or 20 years ago. This situation significantly changed in 2007 with the conducting of more than $450 million USD in commerce.

De la Nuez spoke of the growth of Cuban imports from this market, mainly of food, agricultural machinery and transportation equipment.

The trade minister pointed out that there was also an increase of Cuban goods exported to Brazil, especially biotechnological and pharmaceutical products, while there are now plans to send minerals such as the Cuban zeolite to that Latin American country.

He explained that there is hope to increase the export of Cuban services to Brazil. In the case of tourism, a weekly flight between the two countries is expected to begin soon.


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