Economy of Cuba - International Trade

International Trade

The Netherlands receives the largest share of Cuban exports (24%), 70 to 80% of which go through Indiana Finance BV, a company owned by the Van 't Wout family, who have close personal ties with Fidel Castro. Currently, this trend can be seen in other colonial Caribbean communities who have direct political ties with the global economy. (for example, British West Indies, United States Virgin Islands, French outer-territories, and so on). The second largest trade partner is Canada, with a 22% share of the Cuban export market.

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Famous quotes containing the word trade:

    Conversation is a traffick; and if you enter into it, without some stock of knowledge, to ballance the account perpetually betwixt you,—the trade drops at once: and this is the reason ... why travellers have so little [good] conversation with natives,—owing to their [the natives’] suspicion ... that there is nothing to be extracted from the conversation ... worth the trouble of their bad language.
    Laurence Sterne (1713–1768)