Reading Time: 2 minutes Cuba said on Wednesday it had leased farmland to a Vietnamese company to grow rice, a first since the 1959 revolution which kicked all foreign landowners out.
Tag Archives Cuba
In first, Cuba leases farmland to foreign firm
U.S. ag businesses want Biden to allow more investment in Cuba
Canadian investment 'significant' in Cuban business
Reading Time: 2 minutes Havana | Reuters — U.S. agribusinesses, on a trade tour in Cuba, said on Tuesday they were “losing” in their bid to boost commerce with Cuban farmers and called on the Biden administration to ease restrictions and allow them to invest in private agriculture on the island. U.S. President Joe Biden last May loosened restrictions […] Read more
U.S. farmers slam Trump’s Cuba clampdown
Reading Time: 2 minutes Chicago | Reuters — U.S. farm groups criticized President Donald Trump’s decision to retreat from his predecessor’s opening toward Cuba, saying it could derail huge increases in farm exports that totaled US$221 million last year. A trade delegation from Minnesota, one of the largest U.S. agriculture states, vowed to carry on with its planned visit […] Read more
U.S. farmers ask Trump to stay the course on Cuba
Reading Time: 2 minutes Havana | Reuters — Dozens of U.S. farm and agribusiness groups on Thursday urged President-elect Donald Trump to build upon progress made by the Obama administration in relations with Cuba, calling trade with the former Cold War foe particularly important at a time of a severe downturn in farm incomes. The agricultural trade groups stated […] Read more
Cuba backtracks on food reforms as conservatives resist change
Reading Time: 2 minutes Havana | Reuters –– Cuba decided at a secretive Communist Party congress last week to reverse market reforms in food distribution and pricing, according to reports in official media, reflecting tensions within the party about the pace of economic change. President Raul Castro unveiled an ambitious market reform agenda in one of the world’s last […] Read more
Cuban export opportunities eyed for U.S. farmers
Reading Time: 2 minutes Lima | Reuters –– U.S. Secretary of Agriculture Tom Vilsack said Tuesday that farm officials want to lay the groundwork so U.S. agricultural exporters can seize new opportunities in Cuba if the trade embargo on the country is lifted. The normalization of trade relations would allow U.S. farmers to use lower transportation costs to edge […] Read more
Cuba produces best sugar harvest in 11 years
Reading Time: < 1 minute Havana | Reuters — Cuba’s sugar harvest grew 18 per cent this year to 1.9 million tonnes, the most for the beleaguered industry in 11 years and the best performance since the state sugar company Azcuba was founded in 2011, official media said on Friday. The Communist Party daily Granma said the harvest, which began […] Read more
Normalized relations with Cuba seen positive for U.S. agriculture
Reading Time: 2 minutes Chicago | Reuters — The normalization of diplomatic relations between the United States and Cuba is an “important opportunity” for U.S. agriculture that will make exports of U.S. farm goods cheaper, easier and less time consuming for shippers, U.S. Agriculture Secretary Tom Vilsack said Wednesday. President Barack Obama announced on Wednesday that the U.S. plans […] Read more