The Canadian Commercial Corp. has announced it has signed over US$1 billion in contracts in support of Canadian companies selling to Cuban government buyers since 1991.
Through its unique government-to-government contracting mechanism, CCC has helped Canadian exporters provide the Government of Cuba with a variety of consumer goods and services that have supported the island nation's agricultural and tourism sectors.
Over 80% of the exporters that CCC has contracted with in Cuba have been small and medium enterprises (SMEs).
Examples of the goods and services provided include fertilizer for Cuba's sugar harvest.
A Crown corporation of the Government of Canada, CCC is Canada's international government-to-government contracting organisation, helping governments around the world acquire expertise and proven capabilities available for export from Canada.
"One billion dollars of contracts signed with the Cuban Government is a significant achievement for CCC. The success of our program demonstrates the value CCC offers Canadian exporters, and SMEs in particular, both in the Cuban market and other markets around the world," Commented Martin Zablocki, President and CEO, Canadian Commercial Corp.
"As a leader in the manufacturing and development of a wide range of specialised construction products, Durabond Products Limited has had tremendous success working with CCC in the Cuban Market. Utilising the CCC Cuba Contracting Program, we have successfully sold over US$4.9 million but more importantly expect sales to continue in the near future,” added Enzo Calisi, V.P. International Operations, Durabond Products Ltd.