Large Number of U.S. Food Contracts Signed at Havana International Fair
Alimport, the Cuban Government's purchaser of agricultural products, announced that it entered into contracts worth $164.9 million during the Havana International Fair that concluded last Sunday. U.S. companies were involved in more than 30 of the 46 contracts signed during the trade fair.
Among the contracts signed were $18.6 million worth of soybeans, soy oil, soy flour and corn from Archer Daniels Midland Co. of Decatur, Illinois. Louis Dreyfus Group, Tyson Foods and AJC International signed a number of contracts for the export of chicken products to Cuba. A number of smaller contracts were signed for products ranging from chewing gum to coffee creamer.
During the first eight months of 2003, U.S. companies shipped $139 million worth of food products to Alimport, a 50% increase over the same period in 2002.