On May 27, a business delegation from Mexico toured recently opened facilities at the new port of Mariel, learning first hand about the modern installation, and infrastructure under construction, designed to facilitate foreign investment in the special development zone.

The delegation’s two-day visit was organized by PROMEXICO, the official entity charged with promoting trade with, and investment in Mexico, and co-sponsored by the Secretariats of both Economy and Foreign Relations, in addition to the international bank, BANCOMEXT.

The group, led by PROMEXICO general director Francisco González Díaz, included executives and representatives from 40 companies involved in a variety of sectors, such as tourism, packaging, chemicals, fertilizer, food processing, transportation, construction, renewable energy and textiles, among others.

The visit was directed toward continuing to strengthen commercial relations between the two countries, reflecting the commitment of both governments to expand bilateral relations in all areas.

Cuba’s Minister of Foreign Trade and Investment Rodrigo Malmierca Díaz opened an Enterprise Seminar and a round of negotiations on the 26th, to provide the visitors information about investment opportunities opening up as a result of the country’s new foreign investment law and the creation of the Mariel Special Development Zone.

Also on the group’s agenda was the inauguration of a new PROMEXICO office in Cuba, and the signing of a cooperation agreement between this organization and the Cuban Center for Export Promotion (CEPEC), to continue work on promoting commerce and investment among Mexican and Cuban enterprises.

The delegation additionally met with Vanessa Rubio, the Cuban Foreign Relations Ministry’s undersecretary for Mexico. (SE)