The event attracted nearly 3,200 enterprises from over 73 countries and territories worldwide, including Vietnam to showcase their products. Established in 1982, FIHAV is the largest annual trade fair in Cuba, and one of the largest bazaars in Latin America.
In his opening remarks, Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca highlighted the event as a space for foreign firms to concretize business opportunities in Cuba. It significantly contributes to improve the prestige of Cuba in the international market.
He stressed the increased number of exhibitors at this year’s fair shows that international businesses are increasingly interested in establishing partnership with Cuban companies, as well as their growing trust in the prospect for development of the Caribbean country.
On the first day of the trade fair, Cuba and Russia signed two agreements on supply of the Vira radiobroadcast system serving radio communication in Cuba’s civil aviation, and on modernization of Cuba’s sugar-cane industry.
The Cuba Chamber of Commerce also inked a memorandum of understanding with the Japan External Trade Organisation (JETRO), aiming to their boost future cooperation.