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Cuba's economic growth in 2006: 12.5 Percent

Cuba's Economy Minister José Luis Rodríguez said on Friday in Havana that the island's economy grew 12.5 percent in 2006. During the report on the island's economic results during 2006 at the plenary session of the Cuban Parliament, Rodríguez added that the growth figure is the highest in the history of the Cuban Revolution and in Latin America during this past year. Read More

Cuba aids Venezuela's corruption fight

With both countries calling corruption a major threat, Venezuela received a Cuban delegation that will help set up an anticorruption commission. Read More

Russia banks syndicate $203 mln aircraft loan for Cuba

A syndicate of Russian banks and Cuba's Àviaimport S.À. have signed a $203.4 million credit agreement, Russia's state-controlled foreign trade bank Vneshtorgbank said Friday. The credit is for 12 years and will be used to buy Russian Il-96-300 and Tu-204 passenger planes, said VTB, which is the credit organizer. Read More

Vintium Export bets on cuban market

The Spanish corporation Vintium Export has presented wines from six wineries from the Basque Country, with the goal of gaining ground in Cuba's tourist sector. The event, sponsored by the corporation CUBALSE and the Club of Sommeliers of Cuba, was held at El Pedregal Restaurant, where several brands of red wine were tasted. Read More

World Trade Center mission to visit Cuba

World Trade Center Palm beach said it is organizing a humanitarian, educational and information exchange mission to Cuba in June. Business interests are present, but organizers indicated they will remain dormant under the current Cuban government. Read More

Cuba upgrades currency

Cuba s Central bank issued a new series of convertible currency bills with characteristics that give them more security in commercial operations, local Granma daily published on Monday. In a note, the bank informs that the watermark of the bills has now an indicative number of their denomination. Read More

Cuba writes off US$1M Guyana debt

The Government of Cuba awarded Guyana a US$1 million debt write-off at the recently concluded 23rd Session of the Guyana/Cuba Joint Commission held in Havana from November 22 to 23. A statement from the Ministry of Foreign Trade and International Co-operation said the debt originated as a result of an outstanding amount under the credit agreement signed on March 18, 1986 between the then Guyana National Co-operative Bank (GNCB) and Banco Nacional De Cuba (BNC). Read More

Forests replacing sugar plantations in Las Tunas, Cuba

As part of the restructuring process of the sugar industry, which Cuba has been undertaking over the past few years, the workers of that sector in eastern Las Tunas province have begun planting timber-yielding trees on more than 10,200 hectares of land previously dedicated to sugar cane plantations. Read More

New Hotel in Old Havana: San Felipe and Santiago de Bejucal Hotel.

On the corner of the old San Fran Francisco de Asis square, just next to the smart Café Del Oriente restaurant and the Lonja del Comercio building with its Café Mercurio, one of the greatest Havana mansions is being restored to be turned into the San Felipe and Santiago de Bejucal Hotel. Read More

Salt production making headway in Las Tunas, Cuba

Although 2006 has not yet concluded, the 330 workers of Puerto Padre Saltworks, located on the coast of the eastern Cuban province of Las Tunas, have proved that efficiency and cost effectiveness are attainable goals for a socialist company. Read More

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