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Cuba is a New Market Opportunity for Virginia Companies

Since January 2002, The GIC Group has been working with the Virginia Department of Agriculture and Consumer Services (VDACS) to  develop new market strategies for Virginia companies in Latin America.

GIC's Director of Business Development for Latin America, Daniel Secondi. coordinated commercial meetings between the Virginia  delegation and the Cuban government representatives, including a business meeting with President of Cuba, Mr. Fidel Castro, and the President of Alimport, (the Cuban food import agency), Mr. Pedro Alvarez Borrego.   GIC Group provided support for Virginia companies in their efforts to develop trade relations and obtain export licenses from the Department of Commerce.  GIC played a crucial role in structuring sales agreements  between Virginia companies and Alimport.

Two Virginia companies sold fresh apples to Cuba during the event.  Cargoes will be shipped in January 2003.  Pending contracts include chicken and pork  products, soybean oil and meal, wood products, powdered milk, and Virginia wine.

GIC is developing new market strategies in other Latin American countries, especially Mexico and the Dominican Republic, to further  expand Virginia exports.

For further information on GIC Group export promotion services, please contact Mr. Daniel Secondi at 703-684-1366 or dsecondi@gicgroup.com.


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