Background
Cuba is now slowly recovering from a severe economic recession in 1990.The
government continues to balance the need for economic loosening against
a concern for firm political control. It has undertaken limited reforms
in recent years to stem excess liquidity, increase enterprise
efficiency, and alleviate serious shortages of food, consumer goods,
and services, but is unlikely to implement extensive changes. A major
feature of the economy is the dichotomy between relatively efficient
export enclaves and inefficient domestic sectors. The average Cuban's
standard of living remains at a lower level than before the severe
economic depression of the early 1990s, which was caused by the loss of
Soviet aid and domestic inefficiencies. High oil prices, recessions in
key export markets, and damage from Hurricane Michelle hampered growth
in 2001. Cuba paid high prices for oil imports in the face of slumping
prices in the key sugar and nickel industries and suffered a slowdown
in tourist arrivals following September 11. The government subsequently
depreciated the peso by approximately 30% and now aims for 3% growth in
2002.
Holidays
Jan 1 - National Liberation Day
Jan 2 - Victory of Armed Forces
May 1 - International Labour Day
May 20 - Independence Day
Jul 25 - Eve of Revolution Day
Jul 26 - Anniversary of the Moncada Barracks Attack Day, Revolution Day
Jul 27 - Revolution Day 2nd Day
Oct 10 - Anniversary of the beginning of the War of Independence in 1868
Dec 25 - Christmas Day
Phone Codes
Country Code: 53
Outgoing International Code: 119
Resources
Market Research
About Cuba
There
is available to find out Cuba's general outlook on the issues of its
social and business profile, passport/visa, money, accommodation,
government, duty free, health and so forth.
CIA - The World Factbook - Cuba
This
website indicates a wide range of detail information about Cuba by
introducing under 8 different fields as its geography, people,
government, economy, communications, transportation, military,
transnational issues.
Consultants on Trade and Business with Cuba
Alamar Associates creates opportunities via serving as business directory for foreign investors in Cuba.
Cuban Business Journal
This
website comprises a set of intensive business news in term of Cuba's
economy, industries which are relatively profitable for foreign
investors.
Business Listing in Cuba
There is available to make industrial and business researchs intensively in Cuba's business strata.
Business Service in Cuba
This
website provides opportunity to search and/or advertise any business
services, businesses, websites, and classifieds for targeted visitors
in Cuba.
Trade Information
U.S - Cuba Trade and Economic Council
It
aims to increase the trade relations between Cuba and USA. This
organization is the best source of information on doing business in
Cuba.
The Chamber of Commerce of the Republic of Cuba
It
is the official website sponsored by the Chamber of Commerce in Cuba
that highlights the legal procedures on how to do business with Cuba. | 
