Germany Is Seeking Stronger Economic Ties with Cuba

hotel nacional cuba

Germany is looking to ramp up its economic interaction with Cuba.

The country’s Vice Chancellor and Economy Minister, Sigmar Gabriel, is on an official visit to Cuba this week, joined by a large delegation of German businessmen.

He also led a business forum at the Hotel Nacional in Havana, joined by Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca.


Above: Sigmar Gabriel

Gabriel said economic ties between Germany and Cuba could be deepened in a “climate of mutual respect,” stressing that the visit was the beginning of a potentially dynamic time in bilateral relations between the two countries.

Gabriel also said the country was interested in setting up an office to promote German industry and commerce in Cuba.

Last year’s US-Cuba rapprochement seems to have had the added effect of making the island a more desirable draw for investors from other countries — along with the boost of Cuba’s new foreign investment law.

Germany Is Seeking Stronger Economic Ties with Cuba was last modified: January 7th, 2016 by Cuba Journal