Iran proposed to revive Cuba’s sugar industry for products marketing: Chamber
Head of the Iranian Chamber of Commerce, Samad Hassanzadeh, announced on Tuesday the offering of a proposal by the Cuban government for establishing a sugarcane agro-industrial complex in the Latin American country and a mechanism for marketing Iranian products, while detailing the achievements of an Iranian trade delegation's recent visit to Havanna.
“Cuban authorities expressed interest in accepting and facilitating the presence of reputable Iranian companies in their country, and it was decided that an Iranian company would directly and immediately market Iranian products in the Cuban market,” Hassanzadeh said.
“Cuba's Minister of Trade emphasized that the country's doors are wide open, and Iranian merchants and economic actors can count on the support of the Cuban government,” he added.
Pointing to the Cuban Minister of Foreign Trade's proposal to establish an agro-industrial complex in Cuba with the participation of Iranian investors, Hassanzadeh said, “Given the proposal, the Cuban government is ready to define a sugarcane agro-industrial project with Iranian investors in the first step; in such a way that a sugar production factory is established and sugarcane is cultivated in the lands around the factory. This project can either be in the form of an economic partnership or direct investment by Iranian companies."
Hassanzadeh said the Cuban president had emphasized that the list of his country's needs and the areas of interest of the Cuban government for utilizing Iran's economic and production capacities would be announced to the Iranian Chamber of Commerce through the ambassador of the Islamic Republic of Iran in Cuba.
“With this positive approach from Cuban officials, the development of Iran's exports to Cuba is very achievable and attainable, even in the short term,” he added.