Cuba is looking to expand its economic engagement with India across a range of sectors, including agro-industry, biotechnology, healthcare, information technology, renewable energy, sports and tourism, Cuban Ambassador to India Juan Carlos Marsan Aguilera said on Saturday.
Speaking at a special session on India–Cuba bilateral trade and economic cooperation organised by the Merchants’ Chamber of Commerce & Industry (MCCI) in Kolkata, Aguilera said Cuba is a pioneer in biotechnology and pharmaceuticals, with biopharma products currently exported to 45 countries.
He noted that the country is also shifting away from fossil fuels towards renewable energy, creating new opportunities for cooperation in clean energy solutions.
Aguilera added that Cuba permits the use of land by companies for business purposes and offers an electronic visa facility to make travel and investment easier.
Drawing attention to Cuba’s tourism potential, he said the country has 10 international airports, three cruise terminals and 10 international marinas, presenting broad opportunities for collaboration in tourism and related infrastructure.
The ambassador also praised the International Kolkata Book Fair and said Cuba was keen to participate in the event next year, emphasising the role of cultural exchanges in strengthening bilateral ties.
At the same session, Prof Maiky Diaz Perez, First Secretary at the Embassy of Cuba in India, said deeper collaboration could help bolster people-to-people connections between the two nations. He stressed the importance of identifying specific areas of cooperation to deliver tangible results.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
