Articles Tagged with exports

China, Cuba Cigar DealHabanos S.A.’s revenue from international sales rose 12 percent to a record ~$500 million in 2017 thanks to the growing Cuban cigar market in China, the company announced Monday at the annual cigar festival in Cuba.

Habanos S.A., jointly owned by Cuba’s state-run Cubatabaco and Britain’s Imperial Brands, owns the trademarks of every brand of Cuban-made cigars and cigarettes exported globally, including high-end brands like Montecristo, Cohiba, Romeo y Julieta, and Partagas.

The company announced that sales in China rose 33 percent in value last year. The Chinese export market is the company’s third largest after Spain and France.

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US-agricultural-representatives-300x194Agriculture officials in Alabama have lobbied to turn Cuba into a market for the state’s poultry products for years, but President Donald Trump’s recent policy change with the island jeopardizes that opening.

Alabama Agriculture Commissioner John McMillan said exports to Cuba, which receives millions of tons of poultry every month from the state, could be impacted by the president’s restrictive policy change.

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