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August Friday

Cubana de Aviacion airline company inaugurated on Sunday its first direct flight between Havana and San Jose, Costa Rica. The two-flight weekly connection uses Russian-Ukrainian Antonov 158 planes with capacity for 85 passengers.

In keeping with the updating process of the Cuban economic model, a total of 378 011 loans were granted to individuals at the end of September this year, Francisco Mayobre Lence, vice president of Cuba's Central Bank (BCC by its Spanish acronym), said.

The Cuban Aviation Company expects to increase flights to the Caribbean and Central America with the purchase from Russia of Ukrainian-Russian planes An-158, the sixth of which will be received by the company in the first quarter of 2015.

The Fishing Company of Santiago de Cuba province ( PESCASAN by its Spanish acronym) markets new provisions diversifying thus its production with the added value of the industry, which allows to process 90 percent of the capturing on the 49 micro-dams and 17 reservoirs.

Cuban charcoal is reporting stable demand at the European market given its high quality, with Portugal, Italy and Spain being the main importers of the product.

Cuba and Panama signed on Friday in this capital the First Modifying Protocol of the Agreement of Partial Scope, which will contribute to boost commercial relations between the two countries.

The Playa Blanca Hotel, in Cayo Largo, Isle of Youth, is the first facility in the Caribbean than joins the new brand Olé hotels, belonging to the Spanish international chain Iberostar.

Carlo Calenda, Deputy Minister for Economic Development of Italy, pledged today in this capital his country will help the speeding up of the reaching of a cooperation agreement between Cuba and the European Union, an organization of which his country holds the rotating presidency.

The 2014-2015 Sugar harvest in Cuba will kick off in late November with the operation by 44 sugar plants as announced by Dionis Perez, executive with the island´s Sugar Industry.

The fact that the XXII International Fair of Havana is the largest in the past decade reflects the growing confidence and prestige achieved by Cuba in the eyes of foreign partners, Oscar Guillen, president of the Chamber of Commerce of the Island, said.

The official presentation of the business portfolio of Cuba, for the promotion of foreign investment, will mark the second day of the XXXII International Havana Fair, underway at the Expocuba fairgrounds.

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