More than 2,000 participants from 29 countries participated in the second Cuban International Industry Convention and Exhibition, Cubaindustria 2016, that created space for top level technical and new business exchanges between foreign and domestic companies.

Held from June 20 to 24, the convention included eleven seminars on the theoretical and practical analysis on metallurgy, on the chemical, electronic and packaging industries, on fashion, furniture, refrigeration, renewable energy sources, air conditioning, recycling, technological management and structural innovation.

More than 2,000 participants from 29 countries participated in the second Cuban International Industry Convention and Exhibition, Cubaindustria 2016.The seminars were held at Havana’s Convention Center, in conjunction with an exhibition that brought 130 local entities and 84 from 14 other countries together at the Pabexpo exhibition center.

The Cuban Industry Ministry’s (MINDUS) industrial management director, Adriana Barceló, told this newspaper that the convention had closed with the signing of 19 documents that included agreements, letters of intent and memorandums of understanding.

She added that an action plan for the signing of a memorandum of understanding between MINDUS and China’s Ministry of Industry and Information Technology had also been agreed.

Industry Minister Salvador Pardo said that, in recognition of the impact of its economic ties with Cuba, Russia was the guest of honor at Cubaindustria 2016.

Georgy Kalamanov, Russia’s Deputy Minister for Industry and Trade, referred to the plan for modernizing Cuba’s leading iron and steel factory, Antillana de Acero, as one of the event’s most significant results.

He also praised the results of negotiations on the implementation of power generation blocs at two electricity plants and the supply of kamatz trucks, locomotives, railroad wagons, and civil aviation equipment.

Following a meeting with Miao Wei, the Chinese Minister for Industry and Information Technology, Pardo told The Havana Reporter that the first ventures would focus on the production of televisions and the technological enhancement of solar panel production lines.

During the meeting, the two ministers agreed on the need to continue strengthening negotiations and for the creation of joint ventures in areas of common interest, such as the production of aluminum and glass containers, disposable nappies, stainless steel, agricultural machineries and fertilizers.

A special event on the program addressed the links between Cuba and the UN Industrial Development Organization, which are currently centered on the implementation of a number of projects worth an estimated 50 million Euro.

The countries most represented at Cubaindustria 2016 were China, Spain, Russia, Panama, Italy, France, Germany, the United States, Venezuela, Brazil, Portugal, Sweden and Vietnam.

The United States attended for the first time and its delegation included a representation from the Washington D.C. Hispanic Chamber of Commerce, headed by its president Angela Franco.

She told the press “We have seen everything here: technology, manufactured goods, textiles, sports, and other important areas of economic activity in Cuba. We were very impressed by the (large) foreign attendance and the high standard of the participating companies. It has been a great experience and I am very glad that I came to this exhibition,”.

The MINDUS minister said Cubaindustria “is taking its deserved place as an event that contributes to promote the country’s economic development.’

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