EENI Global Business School
Business in Cuba, Havana



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Syllabus of the Subject: Foreign Trade and Business in Cuba - Havana. Cuban Economy

  1. Introduction to the Republic of Cuba
  2. Business in Havana
  3. Cuban Economy
  4. Cuban Foreign Trade (Import, Export)
  5. Business Opportunities in Cuba
  6. Access to the Cuban market
  7. Business Plan for Cuba

Preferential access and Free Trade Agreements of Cuba

  1. Cuba and the Caribbean Economic Area
  2. Association of Caribbean States (ACS)
  3. Latin American Integration Association (ALADI)
  4. Bolivarian Alliance for the Peoples of Our America (ALBA)
    1. Energy supply agreement with Venezuela (PetroCaribbean)
  5. Latin American and Caribbean Economic System (SELA)
  6. Partial scope agreement with Chile
  7. Partial scope agreement with Guatemala
  8. Trade Agreement with Panama
  9. Economic Complementation Agreement with Peru
  10. Trade Agreement with Qatar
  11. Agreement with the MERCOSUR

The objectives of the Subject «Doing Business in Cuba» are the following:

  1. To analyse the Cuban economy and Foreign Trade (Import, Export, FDI)
  2. To explore the Business Opportunities in Cuba
  3. To analyse the trade relations of Cuba with the country of the student
  4. To know the Trade Agreements of Cuba
  5. To develop a business plan for the Cuban market
The Subject «Foreign Trade and Business in Cuba» belongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Course: Business in The Caribbean
  2. Masters: Business in America, International Business, Foreign Trade
  3. Doctorates: American Business, World Trade

Online Continuing education (Courses, Certificates, Diplomas

Learning materials in Courses, Masters, Doctorates in International Business in English (Study Master Doctorate Business in Spanish Cuba Study, Master in International Business in French Cuba Masters Foreign Trade in Portuguese Cuba)

Credits of the Subject «Doing Business in Cuba»: 1 ECTS

Sample of the Subject - Doing Business in Cuba:
Association of Caribbean States (ACS) Caribbean Expanded Economic Space

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Description of the Subject - Business in Cuba:

Republic de Cuba.

  1. Cuban Capital: Havana
  2. Cuban Provinces: Pinar del Río, Artemisa, Havana, Mayabeque, Matanzas, Cienfuegos, Villa Clara, Sancti Spíritus, Ciego de Ávila, Camagüey, Las Tunas, Granma, Holguín, Santiago de Cuba, Guantánamo, and the Isle of Youth Special Municipality
  3. Largest cities: Santiago de Cuba, Camagüey, Holguín, Guantánamo, Santa Clara, Las Tunas, Bayamo, Manzanillo, Cienfuegos, Pinar del Río, Matanzas, Ciego de Ávila and Sancti Spíritus.
  4. Cienfuegos is a World Heritage Site
  5. Cuba does not share land borders with any country (except the Guantánamo territory of the United States)
  6. Nearest countries to Cuba by sea: Bahamas, United States (Florida), Mexico, Cayman Islands, Haiti, Jamaica and the Dominican Republic
  7. Area of Cuba: 442 square kilometres
  8. Population of Cuba: 11,200 de inhabitants
    1. Cuban Population density: 102 inhabitants / square kilometres
    2. 10% of the population has an African origin (African Diaspora), the rest are white and mulattoes
  9. Cuba has one of the highest rates of literacy, health coverage and life expectancy in all of Latin America
  10. Cuba has a high human development index: 0.8
  11. Cuba has the third largest number of doctors per capita worldwide
  12. Official language of Cuba: Spanish
  13. Abolition of Slavery in Cuba: 1886
  14. Climate of Cuba: tropical
  15. 1492: discovery by the Spanish (Isla Juana)
  16. 1869: Spanish province
  17. 1898:
    1. Spanish-American war
    2. Independence from Spain (with Puerto Rico and Philippines)
  18. 1902: United States Protectorate
  19. 1952: Fulgencio Batista dictatorship
  20. 1959: Cuban revolution (Fidel Castro, Communist Party of Cuba)
  21. Government Type: Socialist State with single party

Main religion in Cuba:

  1. Christianity (Catholicism): 49 % of the Cuban population

Cuba belongs to the Caribbean Economic Area of the Western Civilisation

Foreign Trade and Business in Antigua Barbuda, Course Master Caribbean

Cuban Economy.

  1. Cuba has a planned economy based on the Stalinist-Marxist (communist) model
  2. Almost all the Cuban productive means are administered by the Cuban Government
  3. It is estimated that 75% of the workforce works for the Government
  4. There are an estimated 500,000 workers in the private sector
  5. Cuban GDP (PPP): 96,851 million dollars
  6. Cuban GDP per capita (PPP): 12,357 dollars
  7. Economic blockade by the United States (since 1959)
  8. Mariel Special Development Zone for attracting external investments oriented to export
  9. Cuba has important mineral resources, mainly nickel, copper and cobalt.
    1. Cuba has 34.4% of the world's nickel reserves
  10. The main Cuban economic activity is the sugar industry
  11. The tropical fruit sector (pineapple, guava, mamey, papaya) is important
  12. Significant production of coffee and manufactured tobacco (Cuban cigars)
  13. Important tourist sector
    1. 3.5 million tourists visit Cuba every year
  14. Main industries: petroleum, nickel, cobalt, pharmaceuticals, tobacco, construction, steel, cement, agricultural machinery, sugar
  15. Cuban currency: Cuban peso (CUP) and Cuban convertible peso (CUC)
  16. Country code top-level domain of Cuba: .cu

Cuban Foreign Trade

  1. Main exports of Cuba: oil, nickel, medical products, sugar, tobacco, fish, citrus, coffee
  2. Main export markets of Cuba: Venezuela, Spain, Russia, Lebanon, Indonesia and Germany
  3. Main imports of Cuba: oil, food, machinery, chemicals
  4. Largest providers of Cuba: China, Spain, Russia, Brazil, Mexico, Italy and the United States

International Transport and Logistics in Cuba:

  1. 52.202 Kilometres of roads (17.212 km paved)
    1. 654 km of highways
  2. 8.193 Kilometres of railway lines
  3. International Airports: Havana, Varadero, Holguín and Santiago de Cuba.
  4. Largest ports: Mariel, Moa, Cienfuegos, Havana and Matanza

Latin American Integration Association (ALADI) Agreement on Reciprocal Payments and Credits, Argentina, Brasil...

Global Economic Organisations and Conventions of Cuba

  1. Community of Latin American and Caribbean States (CELAC)
    1. European Union-CELAC Summit
  2. Organisation of American States (OAS)
  3. Economic Commission for Latin America and the Caribbean (ECLAC)
  4. International Maritime Organisation (IMO)
  5. Customs Convention on Containers (CCC)
  6. Organisation for Cooperation between Railways (OSJD)
  7. Forum for East Asia-Latin America Cooperation (FEALAC)
  8. World Trade Organisation (WTO)
  9. World Intellectual Property Organisation (WIPO)
  10. International Civil Aviation Organisation (ICAO)
  11. United Nations Commission on International Trade Law (UNCITRAL)
  12. United Nations...

The International Air Transport Association (IATA) was created in Havana in 1945.

Cuba is not a member of:

  1. International Monetary Fund (IMF)
  2. World Bank (WB)

Forum for East Asia-Latin America Cooperation FEALAC, ASEAN Countries, China, Japan, South Korea, Australia, New Zealand

Community of Latin American and Caribbean States (CELAC) European Union-CELAC Summit

Bolivarian Alliance for the Peoples of Our America (ALBA) Venezuela, Cuba, Nicaragua, Dominica, Honduras, Saint Kitts and Nevis, Saint Vincent and the Grenadines, and Antigua and Barbuda



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