• Submitted by: Juana
• Europe
• Havana
• Business and Economy
• 07 / 08 / 2015

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Banks Intesa Sanpaolo and Sace, have created a fund worth 80 million euros to facilitate "the issuance of letters of credit" for Italian companies rooted in Cuba, as indicated Carlos Calenda, Italian Deputy Minister of Economic Development.
"There are many things we can do together, especially, with greater participation of small and medium-Italian companies in our ties," Calenda told Cuban news agency AIN.
The Italian deputy minister is in these days visiting the Greater Antilles with 150 Italian businessmen to explore new business opportunities "in the areas of construction and infrastructure, tourism, transport, environment, renewable energy, mining, biomedicine and food processing. "

source: www.cibercuba.com