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Wednesday, 29 July 2015

Luxembourg & CBL-ACP to explore Cuban markets

The Chamber of Commerce, Industry and Agriculture Belgium-Luxembourg-Africa-Caribbean-Pacific (CBL-ACP) shall lead an economic mission to Cuba from August 26 to 30. The Luxembourg Chamber of Commerce is a member shall also be part of the mission. While trade between Luxembourg and Cuba has been very limited over the past 20 year, the recent normalization of US-Cuban relations has lead the way for both economic and political rapprochement globally.  Jeannot Erpelding, director of international affairs at the Luxembourg Chamber of Commerce, expressed that in his opinion there is only very limited interest in doing business with Cuba, due to Cuba's geographical proximity to the US. A spokesperson of Luxembourg For Finance said that The Grand Duchy's financial sector is not preparing to explore Cuba in the short term.

Source: wort.lu