Thursday, June 03, 2010

Cuba's Commercial Exchange Plummets

Cuba's Commercial Exchange Plummets
June 3, 2010

HAVANA TIMES, June 3 — Cuba reduced by close to half its commercial
exchange with Canada in 2009 and to more than a third with Spain, Italy
and Venezuela, revealed a report by the National Office of Statistics
(ONE). According to the source, last year imports fell to eight billion
dollars as compared to 14 billion in 2008, reported IPS.

Cuba is highly dependent on imports for a high percentage of its basic
foods and consumer products, an age old problem that the government
would like to reverse.

http://www.havanatimes.org/?p=24679

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