Bet on bilateral trade
Meeting prior to the diplomatic delegation's attendance at the 1st Cuba-Spain Ibero-American Forum held in Baiona.
![[Img # 35321]](https://empresaexterior.com/upload/images/02_2020/1934_zonafrancavigocuba_cr.jpg)
A Cuban delegation, chaired by Cuban ambassador to Spain, Gustavo Machín Gómez, has held a work meeting at the Vigo Free Trade Zone during which David Regades He explained to the ambassador all the potential that the institution he directs offers as a driving force both for the establishment of new businesses and for the internationalization of companies of the environment.
This meeting took place prior to the attendance of the diplomatic delegation to the I Ibero-American Forum Cuba-Spain which has been held in Baiona coinciding with the Arribada festivities and which brought together a large number of representatives of the business community of the Vigo region.
In an interesting presentation of advantages for bilateral trade, the ambassador Machin Gomez and the economic-commercial counselor of the Cuban embassy, Janet G. Fernandez Padilla, agreed with the Delegate to cooperate for commercial exchange Galicia-Cuba through the internationalization programs and business parks of the Vigo Free Trade Zone For this purpose, a working group will be established that, with the aim of not remaining a mere declaration of intentions, within a period of one year, must review the results obtained.
During this first work meeting it was revealed that Cuba is interested in attracting Galician agricultural and marine food companies, as well as expanding businesses related to the sectors of alternative energy, construction materials and activities complementary to tourism such as the construction of pleasure boats, or provisions for marinas and theme parks for which it provides very favorable fiscal and economic conditions in its business development zone of the Mariel.
You water He highlighted that there are currently two companies installed in Free Zone that successfully trade sports mooring docks and air conditioning systems on the Caribbean island and, elaborating on the bilateral work plan, announced that on April 29, Zona Franca will hold a specific day on business opportunities in the Cuban market and that This will be the first milestone of the plan to be developed to materialize future agreements.
“We have the excellent image that the Spanish company and Galician in Cuba to open more doors through which more sectors and more companies explore the opportunities of that friendly market,” said the State Delegate who also highlighted that if Spain is the third trading partner of Cuba, Galicia is not far behind in this commercial involvement since Galician exports to Cuba They almost doubled in a few years, going from around 16 million euros to more than 30 million. According to the database of the Ministry of Industry, the Galician community has 128 companies that regularly sell their products to Cuba. In this first visit of the Cuban ambassador to Galicia, the Cuban delegation was also made up of the Consul Yaima Martínez Millán and accompanied at all times by the mayor of Baiona Carlos Gómez Prado.
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