Caribbean

Cuba to expand facilities for foreign trade

Cuba to expand facilities for foreign trade

Vivian Herrera, investment director at the ministry of foreign trade and foreign investment (MINVEX). ACN photo/ Marcelino VÁZQUEZ HERNÁNDEZ

HAVANA, Cuba (ACN) — Cuba will develop an integrated digital platform this year in order to facilitate foreign trade operations, which will be linked to the simplification of procedures for the export and import of goods.

The Single Window of Foreign Trade (VUCE by its Spanish acronym) will provide information and will allow managing, through electronic means, the required approvals for the entry and exit of the products.

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According to Vivian Herrera, an official in the ministry of foreign trade and foreign investment, the implementation of VUCE will go through several phases due to its complexity and should be fully operational by the end of 2019.

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