Cuba: Europe’s new market

Cuba: Europe’s new market

01/02 18:42 CET

| updated 017:17 mn ago

French President Francois Hollande was, in May last year the first Western head of state to visit Cuba after the thaw in relations between the Caribbean island and the US.

It was an investment for the future, a pragmatic move by the president to lay foundations to grow political and economic partnerships.

French companies are already operating in Cuba with the Pernod Ricard group part of a joint venture with Havana Rum. The company’s subsequent global growth has been hailed as an unbridled success by International Managing Director Jerome Cottin-Bizonne. Around 500 million bottles of rum were sold last year.

But France is only the fourth foreign investor with Spain top of the league followed by Canada and Italy.

More:
http://www.euronews.com/2016/02/01/cuba-europe-s-new-market/

LBN:
Cuba: Europe’s new market

01/02 18:42 CET

| updated 017:17 mn ago

French President Francois Hollande was, in May last year the first Western head of state to visit Cuba after the thaw in relations between the Caribbean island and the US.

It was an investment for the future, a pragmatic move by the president to lay foundations to grow political and economic partnerships.

French companies are already operating in Cuba with the Pernod Ricard group part of a joint venture with Havana Rum. The company’s subsequent global growth has been hailed as an unbridled success by International Managing Director Jerome Cottin-Bizonne. Around 500 million bottles of rum were sold last year.

But France is only the fourth foreign investor with Spain top of the league followed by Canada and Italy.

More:
http://www.euronews.com/2016/02/01/cuba-europe-s-new-market/

LBN:
http://www.democraticunderground.com/10141333229