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People watch the sunset from the Malecón during a blackout in Havana on Monday — a more frequent occurrence as the country is cut off from foreign energy sources like never before. (Ramon Espinosa/The Associated Press)
Havana, Cuba — July 12, 2023
In short: Cuba’s Deputy Foreign Minister Carlos Fernández de Cossío asserts Canada should maintain its strong commercial ties with Cuba.
Cuba’s Deputy Foreign Minister Carlos Fernández de Cossío Domínguez stated that Canada should maintain its commercial relationship with Cuba, which has been the country’s largest foreign investor since 1972 and a key driver of tourism. De Cossío, who previously served as Cuba’s ambassador in Ottawa, emphasized the importance of existing trade relations and foreign investment between the two nations.
This statement underscores the established nature of Canada-Cuba trade relations, positioning Cuba as a significant market for Canadian businesses. While the article does not compare this to other countries’ investment levels, it highlights Cuba’s status as a key market for Canadian investors.
For TMCs and travel service providers managing Canadian clients with interests in Cuba, this reaffirms the importance of maintaining strong relationships with Cuban partners. The article suggests that Canada’s long-standing investment in Cuba positions it as a reliable partner for travel trade professionals looking to engage with the Cuban market.
What is the significance of this statement for Canadian travel businesses?
Canada’s long-standing investment in Cuba makes it a reliable partner for travel trade professionals looking to engage with the Cuban market.
Which travel trade segments does this affect?
This primarily affects TMCs and travel service providers managing corporate accounts with Canadian clients interested in Cuba.
When does this take effect?
The statement does not specify a timeline for action.
Read complete article.
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Havana, Cuba — July 12, 2023 In short: Cuba's Deputy Foreign Minister Carlos Fernández de Cossío asserts Canada should maintain...
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