The Cuban president reiterated the considerations made by his predecessor, Raul Castro, when referring to boost foreign investment, to end excessive delays in the negotiation processes and to eliminate false fears towards foreign capital.
The US Treasury Department announced that the financial firm American Express Company (Amex) will pay a fine of $ 204 277 for the alleged violation of the blockade imposed on Cuba.
The Office of Foreign Assets Control (OFAC) announced that this sanction is related to the possible liability of the Belgian company BCC Corporate S.A. (BCCC) in apparent infractions to the Regulations of Control of Cuban Assets.
As the text clarifies, BCCC is a company that issues credit cards and corporate services to customers based in Europe. “At the time of the apparent violations, BCCC was a subsidiary of the Alpha Card Group, which in turn was 50% owned by Amex, a United States financial institution.”
According to the OFAC, Amex agreed to remit the 204 277 dollars to settle a possible civil liability in the matter.
The office of the Treasury Department reported that from April 9, 2009 to February 3, 2014, the credit cards that BCCC had issued to its corporate clients were used to make purchases in Cuba.
Most transactions between the United States, or persons subject to U.S. jurisdiction, and Cuba continue to be prohibited, and OFAC continues to enforce the prohibitions of the CACR. Specifically, OFAC is issuing changes to: restrict persons subject to U.S. jurisdiction from engaging in direct financial transactions with entities and subentities identified on the State Department’s Cuba Restricted List and Subentities Associated with Cuba, with certain exceptions; add requirements to certain categories of educational travel; remove the authorization for individual people-to-people educational travel; add requirements to the travel authorization Support for the Cuban People.
20th Habanos Festival
The Habanos Festival, the most prestigious event dedicated to Premium Cigars will be held in La Habana from February 26th to March 2nd, 2018. Its 20th Edition, bodes a wide program of activities that combines the knowledge about the Habano and the enjoyment of the latest novelties of Habanos, S.A.
In this 20th edition, the Habanos brands that will play a special leading role will be as follows: Cohiba, the flagship of all Habanos, presenting its first Reserva, Cosecha 2014, and Partagás Línea Maduro with a great acceptance in its first launching on 2015 of which will be launched two new vitolas.
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FIHAV 2017, Cuba’s largest business fair
Havana International Fair, (FIHAV) the most important general trade fair in Cuba and the Caribbean as well as one of the most representative from Latin America.From October 30 to November 3 at the EXPOCUBA fairground is Cuba’s largest exhibition centre.
All sectors of the Cuban economy will take part in this event, which succeeds in putting together the most complete national and international trade exhibition in a space that enables exhibitors and visitors to establish commercial contacts, close business operations, exchange experiences and update in new technological developments.
Nuevitas Port (Camagüey): Ready to Receive Cruise Ships
Nuevitas port is the closest link with the tourist attraction Santa Lucia Beach, at 80km of the central-eastern city of Camagüey. It has its four facilities ready to receive foreign visitors again after the passing of Hurricane Irma on September 9.
The port is experiencing an investment project valued at 40 million dollars, which will allow in the coming years to support the cruise business in a region that has an extensive program of construction of hotel properties for tourism development in Cruz Key.
Camagüey one of the one of the main destinations of the island its Nuevitas port aims to become one of the main destinations for cruises to Cuba.
Diverse North American companies like Royal Caribbean Cruises Ltd. arrive in Cuba in the modality of cruise ships; previously others as Carnival Cruise Line, Pearl Seas Cruise, and Norwegian Cruise Line Holding NCLH were operating.
JetBlue opened two Ticket offices in Havana
The City Ticket Office is located in Havana’s Vedado neighbourhood. The accompanying Airport Ticket Office is located across from JetBlue’s check-in counters at Terminal 3 in Havana’s José Martí International Airport (HAV).
In addition to Havana, JetBlue serves three other Cuban cities with daily service from Fort Lauderdale-Hollywood:
Santa Clara – Abel Santamaría Airport (SNU)
Camagüey – Ignacio Agramonte Airport (CMW)
Holguín – Frank País Airport (HOG)