Business in Cuba. Cuban Economy

1. Introduction to the Republic of Cuba
2. Doing Business in Havana
3. Cuban Economy
4. Cuban Foreign Trade
5. Transport and Logistics
6. Business Opportunities in Cuba
7. Access to the Cuban market
8. Business Plan for Cuba

The educational aims of the Subject «Doing Business, Trade and Transport in Cuba» are:

1. To analyze the Cuban Economy, Logistics and Global Trade
2. To conduct research on business opportunities in Cuba
3. To research the trade relations of Cuba with the student's country
4. To know Trade Agreements of Cuba
5. To develop a business plan for the Cuban market

The Subject «Foreign Trade, Logistics and Business in Cuba» is included within the curriculum of the following academic programs at EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: World Trade.

Languages: ( Cuba Cuba Cuba).

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

Preferential Access and Trade Agreements of Cuba

1. Cuba and the Caribbean Economic Area
2. Association of Caribbean States
3. Latin American Integration Association (ALADI)
4. ALBA
   1. Energy supply agreement with Venezuela (PetroCaribbean)
5. Latin American and Caribbean Economic System (SELA)
6. Mexico-Cuba Economic Complementation Agreement
7. Partial scope agreement with Chile
8. Partial scope agreement with Guatemala
9. Trade Agreement with Panama
10. Economic Complementation Agreement with Peru
11. Trade Agreement with Qatar
12. Agreement with MERCOSUR
13. El Salvador-Cuba Partial Scope Agreement
14. Global System of Trade Preferences
15. Eurasian Economic Union (EAEU) - Observer country

1. World Trade Organization (WTO)
   1. Agreement on Trade in Services (GATS)
   2. Agreement on the Application of Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. World Customs Organization (WCO)
   1. Kyoto Convention
3. BIC (Containers)
4. Chicago Convention (ICAO)
5. International Maritime Organization (IMO)
6. Customs Convention on Containers
7. International Civil Aviation Organization (ICAO)
8. Organization for Cooperation between Railways (OSJD)

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

1. Community of Latin American and Caribbean States (CELAC)
2. Organization of American States (OAS)
3. Economic Commission for Latin America (ECLAC)
4. Forum for East Asia-Latin America Cooperation (FEALAC)

1. World Trade Organization (WTO)
2. World Intellectual Property Organization (WIPO)
3. United Nations
   1. Conference on Trade and Development (UNCTAD)

Cuba is not a member of:

1. International Monetary Fund
2. World Bank

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 km²
8. Population of Cuba: 11,200 de inhabitants
   1. Cuban Population density: 102 inhabitants / km²
   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 (Iberian America)
10. Cuba has a high human development index: 0.8
11. Official language of Cuba: Spanish
12. Abolition of Slavery in Cuba: 1886
13. Climate of Cuba: tropical
14. 1492: discovery by the Spanish (Isla Juana)
15. 1869: Spanish province
16. 1898:
    1. Spanish-American war
    2. Independence from Spain (with Puerto Rico and Philippines)
17. 1902: United States Protectorate
18. 1952: Fulgencio Batista dictatorship
19. 1959: Cuban revolution (Fidel Castro, Communist Party of Cuba)

Main religion in Cuba:

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

Cuba belongs to the Caribbean Economic Area.

Cuban Economy.

1. It is estimated that 75% of the workforce works for the Government
2. There are an estimated 500,000 workers in the private sector
3. Economic blockade by the United States (since 1959)
4. Mariel Special Development Zone for attracting external investments oriented to export
5. Cuba has important mineral resources, mainly nickel, copper and cobalt.
   1. Cuba has 34.4% of the world's nickel reserves
6. Main Cuban economic activity is the sugar industry
7. The tropical fruit sector (pineapple, guava, mamey, papaya) is important
8. Significant production of coffee and manufactured tobacco (Cuban cigars)
9. Important tourist sector
   1. 3.5 million tourists visit Cuba every year
10. Main industries: petroleum, nickel, cobalt, pharmaceuticals, tobacco, construction, steel, cement, agricultural machinery, sugar
11. Cuban currency: Cuban peso (CUP) and Cuban convertible peso (CUC)
12. 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 Kilometers of roads (17.212 km paved)
   1. 654 km of highways
2. 8.193 Kilometers of railway lines
3. International Airports: Havana, Varadero, Holguín and Santiago de Cuba
4. Largest ports: Mariel, Moa, Cienfuegos, Havana and Matanza