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Article: NEW SUGAR TRADING CO.(Compania Internacional de Azucar Cubano S.A.)(Brief Article)
- Article from:
- Caribbean Update
- Article date:
- February 1, 2002
CopyrightCOPYRIGHT 2002 Caribbean Update, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Cuba's Sugar Ministry has formed a trading company that may gradually take over the business from the Foreign Trade Ministry's Cubazucar, said business and Government sources, reports Reuters (Jan. 3, 2002). The always secretive Sugar Ministry and Cubazucar had no comment about the company, though a representative of a foreign company and two Government officials knew about it:
"The new company is named Compania Internacional de Azucar Cubano S.A. (CAICSA), and in the future it could handle most raw sugar exports," said the foreign businessman, who has worked closely in recent years with the Sugar Ministry and Cubazucar. "CAICSA marks the end of Cubazucar's ...