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U.S. to attend Cuban industrial fair for first time

Xinhua, June 17, 2016 Adjust font size:

A 43-member delegation from the United States will for the first time participate in Cubaindustria, an industrial fair aimed at drumming up foreign investment in Cuba, organizers said Thursday.

Some 10 U.S. companies will attend the fair, the second of its kind, on June 20-24, Adriana Barcelo, director of Technology Management at the Ministry of Industries and vice president of the organizing committee, told reporters.

In addition, representatives of the United States Hispanic Chamber of Commerce, comprising Spanish-speaking American businessmen, will be present at the fair, said Barcelo, adding that the delegation seeks to "explore the Cuban market."

This year's fair will focus on sustainable development, drawing U.S. companies in the field of recycling and technological innovation, she said.

Russia and China are already well into negotiations with Cuba on the production of trucks and railway equipment, as well as the assembly of Yutong buses and electric motorbikes, she said.

The fair is expected to draw 400 foreign entrepreneurs from 28 countries, and 1,600 representatives from Cuba's industrial sectors. Endi