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Cuba looks for new markets at International Trade Fair

Cuba is promoting a wide variety of products at the INDUEXPO 2007 International Industry Fair that opened its doors in Guatemala City with the participation of more than 250 national and foreign firms.

Cuban enterprises from the Ministry of Iron and Steel and Mechanical Industry (SIME) are showcasing their products in three stands in the fair's exhibition area, according to a PL report.

The ACINOX group, which has already an established markets in 11 Latin American countries -most of them central-American- is seeking to further expand their steel-derived products, such as billets and wrought iron bars.

SIME representative Angel Lorenzo Turuceta told PL that Central America and the Caribbean are considered the Cuban market par excellence, and that the island is looking to prepare the ground for future business deals.

The Cuban stands are also showing products by the UNECAMOTO Car Industry Group, which ensembles buses, trucks, chassis, and commercializes car parts, explained Olga Aguila, a commercial and export manager.

Likewise, the Empaque Industrial enterprise's representative is expecting to put out a tender to commercialize its products based on the high demand in Guatemala, said Yuleydis Batista, vice-president of the firm, which produces aluminum and tinplate containers and iron casting.

According to the organizers' forecast, deals for some $200 million are expected to be made during the international fair, which is hosting some 175 national and 78 foreign companies in 400 stands.


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