HAVANA (Reuters) – Cash-strapped Cuba has canceled its annual international trade and investment fair slated for November due to the pandemic, state-run media reported on Friday, even as fallout from the novel coronavirus hammers revenues and imports.
Container traffic at the port of Mariel, responsible for 90% of containers entering the country, was down between 20% and 25% through May, compared with the same period last year, according to a shipping source with access to the data.
Cuba does not reveal key economic information in a timely manner, saying the information would be used against the country in applying U.S. sanctions.
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