Venezuela Exporta lands in Havana World Fair

Venezuela Exporta lands in Havana World Fair

Havana, November 2.- Venezuela Exporta, a program for export promotion property of Bancoex, landed in the 32nd Havana World Fair – FIHAV 2014 with more than 600 export quality products and the involvement of near 60 businesses that bet on complementarity.

The opening ceremony of FIHAV 2014 was attended by the Vice-President of the Cuban Council of Ministers, Ricardo Cabrisas, and the Minister of Foreign Trade and Investment, Rodrigo Malmierca, the keynote speaker in the venue of Expocuba.

“We are filled with satisfaction at seeing that the sister Bolivarian Republic of Venezuela has one of the largest business participations in this edition,” Minister Malmierca said.  He congratulated the wide representation of the Member States of the Community of Latin American and Caribbean States (Celac) and hailed the involvement of China, Russia and Spain.

The Cuban minister referred to the new Foreign Investment Law and the establishment of Mariel Development Special Area, as government strides that offer better guarantees and more incentives to investors in Cuba. 

FIHAV 2014 features entrepreneurs from more than 60 countries in an area of 18,500 square meters. The Venezuelan export supply will be displayed in an exhibition center of 2,000 square meters. Concomitantly, business meetings will be held where Venezuelan businesspersons will have the opportunity to meet with their counterparts of other countries and reach trade agreements.

Venezuela displays a multi-sector exhibition including, in addition to tasting of coffee, cacao and rum, the sectors of construction, vehicles, health, beverages, food, containers and packing, technology and industrial inputs.

The Venezuelan tradeshow Venezuela Exporta returns to Havana World Fair in a context of cooperation among States that energizes trade.

Less than one year ago, at FIHAV 2013, both nations executed an agreement on recognition of rules of origin for the goods manufactured in the two countries. On this opportunity, a better flow of commodities is expected.

Venezuela Exporta is a program of the Foreign Trade Bank (Bancoex), an agency attached to the People’s Ministry of Trade, which promotes non-oil exports. From the outset, in June 2013, the program has toured Uruguay, Ecuador, Bolivia, Cuba, Brazil, El Salvador, Trinidad and Tobago, Colombia and Paraguay. Thus far, it has accrued over USD 200 million in business intents.

As a country strategy, in its passage throughout Our America, Venezuela Exporta backs the Venezuelan export supply and economic complementarity among the countries in the region. Such vision was shared by leaders Fidel Castro and Hugo Chávez, and reaffirmed by Presidents Raúl Castro and Nicolás Maduro.