This Thursday (7), the Brazilian Export and Investment Promotion Agency (Apex) signed a commercial memorandum of understanding with the Cuban Ministry of Foreign Trade and Foreign Investment (ProCuba), in the Cuban capital, Havana.

The document, to which the Brazil in fact had access, promotes training and qualification of Brazilian companies – mainly small and medium-sized ones – to export goods and services to the island. It also promotes the exchange of commercial intelligence, supporting Brazilian and Cuban companies in commercial negotiations.

In his speech, the president of Apex, Jorge Viana, regretted that Brazil had lost business opportunities due to the management of the previous government. He also highlighted that he will work to facilitate Brazilian companies to make investments in Cuba, whether through mixed capital businesses or direct investments of Brazilian capital.

The delegation led by Viana included representatives from the Brazilian Ministries of Mines and Energy and Industry and Foreign Trade. In addition to representatives of public and private companies from the energy, pharmaceutical and biotechnology sectors. According to data from Apex, Brazil is currently the fourth largest supplier of goods to Cuba, despite having reduced its exports in recent years.

The signing of the memorandum of understanding comes just days before Cuba hosts the G77 plus China summit, on September 15th and 16th. Luiz Inácio Lula da Silva (PT) is expected to travel to the Cuban capital to close the summit, giving strong support to the reestablishment of diplomatic and commercial relations between the two countries.

Editing: Thales Schmidt


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