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Cuba and Panama to Increase Trade and Investment |
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Monday, December 16, 2019
Havana.- Institutions from Cuba and Panama signed a collaboration agreement with a view to promoting investments and trade in both nations.
The deal was penned by ProCuba and ProPanama in order to take advantage of the opportunities offered by Panamanian companies to the Cuban market and their participation in investments in Cuba.
In this direction, Cuba offers exports of biotechnological products, healthcare treatments and the expansion of educational collaboration.
Likewise, agriculture stands out among the options, taking into account Panama's need to find a market for these productions and introduce the results of research by Cuban centers in the sector.
The Economic Complementation Agreement signed between the two countries in 2014 is a commercial instrument that laid the foundations for regulations and preferential access of products to the two countries' markets.
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