Much has been reported with regard to the developments of the relaxation of U.S. restrictions on trade with Cuba. Re-establishing a normalcy to diplomatic relations between both of our countries may certainly be a process that will take a bit more time, but new developments have further opened the door for agricultural sectors, particularly American pork processors.
In November, the Cuban Foreign Trade Minister showcased 326 commercial opportunities for interested foreign investment partners at the 33rd annual Havana International Fair. At least five of these projects are specifically in the production and commercialization of pork products that would result in either a 100 percent foreign-owned corporation or a joint venture with the Cuban government.