Britain builds its relationship with Cuba
THE United Kingdom has vast experience with offshore petroleum,
which is why British Energy Minister Brian Wilson hopes that firms
from his country will negotiate with Cuba in this field.
He reaffirmed that his countryís main oil companies would invest
heavily when oil is discovered in the exclusively Cuban zone of the
Gulf of Mexico, and advocated that until this happens, small and
medium-sized companies should take part in prospecting.
He explained that he is drawing attention to investment opportunities
on the island, although the final decision rests with the companies.
Wilson visited Havana as part of a tour which included Caracas,
Trinidad and Tobago, and Rio de Janeiro. In what was his fifth visit to
Cuba, he met with Vice President Carlos Lage and various ministers.
He also announced a study that is under way on the possibilities open
to British businesses in Cuba, mainly in the oil and gas sector.
He went on to say that his conversations with Cuban officials dealt
with the possibility of providing British equipment for the islandís
sugar industry and about plans to generate energy from biomass. He
announced that at the end of November, Cuba will take part in a
conference on energy in London.
After confirming that relations between the governments of Cuba
and the United Kingdom continue to improve, he stated that these
relations are very friendly.
He recalled that along with oil and gas, companies from his country
have investments in light industry and tourism, as well as working in
the biotechnology sector. However, he hopes for a greater
participation in these areas of the Cuban economy.
He finally stressed that a substantial group of British entrepreneurs
would attend the Havana Trade Fair.