THE NEW FREE TRADE ZONE IN CUBA

 

Starting from November 2013 on Cuba is going to be the main actor in a commercial turn around unique in the last 50 years of history: the creation of a FREE TRADE ZONE.
Until now the ship seizure and the Helmes-Burton's law ( forbidding forbids the international ships to dock in American ports if having landed in a Cuban port during the last six months) have forbidden Cuba to develop commercially the similar way of the other Caribbean countries, maintaining an undefined and narrow-minded behavior with regards to the overseas markets. 


Since the 1st November 2013 the port of Mariel in Cuba has been housing the first FREE TRADE ZONE (FTZ), that's to say a free trade port area.
FTZ is going to be 465 km square wide and it will be capable of sorting container 3 times bigger than the one in Havana. 
Sorted as an idea of attract international investments and reinforce commercial relations with China, Mexico and Brazil, FTZ may represent a very important commercial turn around for Cuba, because it would allow to bypass the ship seizure, the Helmes-Burton's law becoming attractive for international which will be supporting the economy recovery for the whole country.
Despite the dreads of the last few years showed by the overseas sponsors with regards to Cuba due to contorted experiences, unclear laws and endless negotiations on each commercial segment, sponsors feel confident that this new FTZ will mark an important turn around for the Cuban economy and in the development of the account with and for abroad.
IFA has dealt with several orders to Cuba (among them there are: goods in gauge and out of gauge, IMO goods, goods in controlled temperature). To discover all the commercial potential of IFA do not hesitate to contact us.
Integrity Faith and Assistance are the 3 fundamental principles of IFA.

 

 

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