Cuba, Houston, Sign Port Agreement

DanIndustry News Release

portThe Port Authority of Houston, Texas and its counterpart in Cuba have signed an agreement of “friendship and commercial cooperation.” The agreement between the two launches an opportunity to “continue trade in agricultural products between the U.S. and Cuba,” according to the Houston Port Authority. The PanAm Post reports that the agreement seeks to facilitate and promote trade, generate new business and foster a “closer” bilateral relationship between the two nations. The agreement also provides for the exchange of studies and information to improve and increase market research, joint marketing activities, training and technological exchange. A port official from Cuba commented on the agreement that “Texas is a state that is rich in agricultural, livestock, industrial development,” adding that Cuba is interested in negotiating and developing a prosperous commercial exchange. The agreement is the eighth signed by Cuba with United States ports, other of which are in Florida and Virginia.

From the National Association of Farm Broadcasting News Service.