The food industry is aiming at investments to expand the country’s processing capacity of agricultural and livestock productions in order to reduce imports.

The food industry is taking the lead in Cuba’s investment policy with plans that expect a strong foreign participation. The most recent steps and announcements confirm these productions as one of the sectors that the government has defined as strategic in the Long-Term Plan it is currently designing.

Habanos S.A. incomes grew five per cent in 2016 due to the recovery of the European market and more sales to tourists in Cuba.

The 19th International Havana Cigar Festival, dedicated to three of the national brands with the greatest tradition in the specialised markets – H.Upmann, Montecristo and Quai d’Orsay – started early this week with the news confirming tobacco as one of the sectors that maintains dynamism in the Cuban economy.

Climate change in the Caribbean is causing shorter cycles in the return of droughts, lasting for longer periods of time.

With a significant reduction in precipitations, it is confirmed that drought is one of the conflicts that today most strains the country’s economy and the life of many persons. The expansion of the territories affected by this climatic disaster, less published but equally damaging like a cyclone, has made it necessary to draw up a programme of urgent measures in the country.