The Cuban private sector currently includes three primary components that are authorized by the Cuban government: (1) self-employed entrepreneurs known as cuentapropistas, (2) agricultural cooperatives and private farmers, and (3) nonagricultural cooperatives. RELATED: Meet the Faces of Cuba’s Private Sector Cuentapropistas: Cuba has authorized 201 categories of legal self-employment for individuals. However, many of these … Read more
SAHIC Cuba’s event on May 15-16th, 2017 in Havana at the Melia Cohiba Hotel will be this year’s premier event for hotel, tourism and real estate development in Cuba. Attendees will learn about where the industry is and where it is heading, where the opportunities lie, how to meet the right people and build relationships … Read more
Today, Cuba and the U.S. signed a bilateral agreement to prepare for and respond to oil spills and hazardous substance pollution in the Gulf of Mexico and the Straits of Florida. Under this agreement, the United States and Cuba will cooperate and coordinate in an effort to prevent, contain, and clean up marine oil and … Read more
The recent unpleasantness in Venezuela has spilled over into Cuba by reducing energy exports to the island nation. While only new thinking can replace Venezuela’s energy exports, Cuba’s path forward is complicated by market and political forces that may not cooperate. Former Chevron Corporation executive Silvia Garrigo shared insights on the future of environmental sustainability, … Read more
Havana Club®‘s trademark’s history is the envy of any enterprising trademark attorney. When Jose Arechabala S.A. was nationalized after the Cuban revolution, the Arechabala family fled Cuba, stopped producing rum and in 1973 allowed the U.S. trademark registration for Havana Club to lapse. Taking advantage of the lapse, the Cuban government registered the mark in … Read more
According to Cuba’s tourism ministry, the Caribbean island attracted a record 4 million foreign visitors in 2016, an increase of 13% over last year. The ministry attributed the tourism boom in part to the resumption of diplomatic relations with the U.S. RELATED: The Outlook for the Cuban Cruise Industry 2017 “The regions that contributed most … Read more
A computer factory is planned for Cuba. The facility, said to be able to produce up to 120,000 tablets and laptops every year, is being built by Chinese company Haier. This marks the island nation’s latest foray into technology and will soon give residents a new way to obtain personal computing devices. According to state-run media, … Read more
According to official Cuban data, the island nation’s economy fell 0.9% in 2016. A political and economic crisis in key trading partner Venezuela is to blame, according to President Raul Castro at a speech at Cuba’s National Assembly on Tuesday. He predicting a slightly brighter outlook for 2017. The impact of Cuba’s sharp economic contraction … Read more
Within weeks of Fidel Castro’s death, brother Raul opened the gates for a wave of thousands more Americans to visit Cuba via cruise ship. Three cruise companies — Pearl, Norwegian and Royal Caribbean — are among several that were rushing to conclude deals with Cuba before the start of President-elect Donald Trump’s administration. On the … Read more
Cuban relations with the U.S. and western nations is evolving towards a restoration of diplomatic relations and the initiation of a process of normalization of relations between the two countries. With the easing of political tensions and the possible lifting of the trade embargo, potentially strong economic ties could re-emerge providing a significant impact to … Read more
