UK Trade and Investment Mission to Cuba, 17-20 June 2019

Cuba Initiative Takes Large British Business Delegation to Havana to mark 25 years of the Initiative

The Cuba Initiative Business Mission to Havana at the end of June was a great success with some 28 UK participants representing 19 companies meeting with a wide range of Ministers, senior policy makers and Cuban business representatives.

The highlight of the visit was a drinks reception held by President Díaz-Canel for the delegation at the National Palace of the Revolution where the President and other senior ministers spoke freely with delegates. (see for more background).

During Lord Triesman’s bilateral programme of meetings with the President and Vice-President and his counterpart, Co-Chairman Minister Malmierca, it was agreed that the Cuba Initiative would now proceed to prepare a work plan setting out the particular projects which could deliver immediate positive benefits to Cuba – UK trade and investment relations.  With close attention from both sides, it is expected that these projects could be quickly put in place.    

The projects will be from a range of areas which are current priorities for the Cuban Government including:

i)   Energy (particularly in the area of renewable energy)

ii)  Food production and related supply-chain

iii) Tourism (investments and increased arrivals)

iv)  Increase of Cuban exports of goods and services