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Doing Business with Cuba Casa Finlandesa Oy Jouni Korpisaari Helsinki Chamber of Commerce 14.6.2016 Location Casa Finlandesa Oy 2 Some facts about Cuba • • • • • • President Population GDP GDP Growth Main cities Earnings Raúl Castro 11,24 million 7431 $ per capita 2015 4,3 % 2016 3,4 % est. Havana, Holguin, Santiago Tourism, nickel, health care, crude oil, sugar, cigars, rum ONEI, Trading Economics Casa Finlandesa Oy 3 Exports to Cuba 2015 UN Comtrade Casa Finlandesa Oy 4 Exports to Cuba 2015 UN Comtrade Casa Finlandesa Oy 5 Re-Exports to Cuba 2015 UN Comtrade Casa Finlandesa Oy 6 Imports from Cuba 2015 UN Comtrade Casa Finlandesa Oy 7 Cumulative Trade Balance Casa Finlandesa Oy 8 New Cuban Investment Portfolio • 326 projects • 9 billion EUR • Main focus on industry, transport, tourism, food production, packaging, renewable energy • Substitute import, generate export, use of cleantech, provide employment • Other projects under same guidelines possible Casa Finlandesa Oy 9 Cuban Commerce • • • • Open economy, no quotas Do the homework; find customer / supplier Get business Visa go to Cuba Visit the Chamber of Commerce in Havanna for info of cuban companies holding licencies for foreign trade • Meet direct with your customer / supplier, no authorization needed Casa Finlandesa Oy 10 Casa Finlandesa Oy 11 FIHAV 2016 • • • • • • • Havana International Trade Fair 2016 31.10. – 4.11.2016 in Havana Gate to Cuba and Latin America Yearly since 1982 150 000 visitors / week 4500 exhibitors from 70 countries 20 000 m2 @ EXPOCUBA Casa Finlandesa Oy 12 FIHAV 2016 • 2015 Finland was represented at FIHAV for the first time ever by Casa Finlandesa • 2016 Casa Finlandesa is attending FIHAV again • Make your company visible in Cuba, together with • www.casafinlandesa.fi Casa Finlandesa Oy 13 Casa Finlandesa Oy 14 Gracias [email protected] Casa Finlandesa Oy 15