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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


Trade between Panama, Cuba Grows

Wednesday, October 10, 2018 > 08:50:42

Prensa Latina

Panama, Oct 8 (Prensa Latina) Trade between Cuba and Panama currently amounts to 300 million dollars, with 80 companies from this country located on the island, said the ambassador of Cuba in Panama, Miguel Antonio Pardo.

At a recent meeting at the University of Panama, the diplomat said that in later years, the Cuban government has granted 3000 university scholarships to the Central American country, while 2000 Panamanian students graduated in medicine, more than 600 in sports and others in ballet and film schools.

Pardo stated that education is one of the fields in which both countries could expand their collaboration, as well as in health, where Cuba stands out for the development of novel medications, vaccines and other medical technologies.

It is important to point out that 11 years after the implementation in Panama of the Cuban literacy method Yo si puedo (Yes, I can), more than 72,000 people have changed their lives through education.

On the other hand, tourism is one of the sectors in which the island encourages the presence of Panamanians, of which more than 16,565 traveled to Cuba in 2017, a figure that is expected to increase this year.

For this purpose, Copa Airlines has seven daily direct flights to Havana, in addition to its weekly itineraries to Santa Clara and Holguin, cities located in the center and east of the country, respectively.

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