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2016-11-10

Cuba Ventures Corp.: Cuba Ventures on Why an Incoming Trump Administration Will be Good for U.S.-Cuba Rapprochement

VANCOUVER, British Colombia, Nov. 10, 2016 (GLOBE NEWSWIRE) -- Cuba Ventures
Corp.
(TSX-V:CUV) (OTCBB:MPSFF) (the "Company") - Donald J. Trump, the newly elected
Republican President of the United States of America confirmed victory over
Democratic rival Hillary Rodham Clinton. Veteran Cuba watchers say that he
will in fact act as a pioneer toward widening trade relations between the two
countries - the primary rationale being his business history (which will be
run by his children during his years as the U.S. President).

Cuba Ventures' CEO, Steve Marshall stated: "Since I arrived and began doing
business in Cuba in the mid-1990's, I've
witnessed 3 previous US presidents in office, both Republican and Democratic,
Trump will be the fourth. We believe that Trump will demand more in return
from Cuba than the Obama administration, which will in turn create a much
more profitable commercial relationship for both, the US and Cuba, the latter
being in desperate need of partners and funding since the demise of
Venezuela's economy. We believe companies currently doing business in Cuba
should benefit significantly from a "pro-commerce" US government, and we have
no reason to believe that won't be the case with the Trump administration.
"

On Novemeber 7th 2016, Mr.Trump posted to his verified personal Facebook
account: "Today in Florida, I pledged to stand with the people of Cuba and
Venezuela in
their fight against oppression, and to help the people of Haiti to recover
and rebuild, and to bring jobs and education to all the communities of
Florida -- including Dominicans, Puerto Ricans, Cubans, Venezuelans and all
Floridians."
Just 3 weeks prior Mr. Trump was in Florida and stated: "I would do whatever
you have to do to get a strong agreement. And people want
an agreement, I like the idea of an agreement, but it has to be a real
agreement. So if you call that for negotiation purposes, whatever you have to
do to make a great deal for the people of Cuba."

Donald Trump, who has launched various real estate developments in Latin
America (including hotels in Panama and Brazil, as well as the Cap Cana
luxury complex in the Dominican Republic), sees potential in developing
similar ventures in a future Cuba. In fact, various press sources noted that
Trump has long kept his eye on Cuba, and will likely build Trump
hotels&resorts in that country (through his children) when it is legal to do
so:

- Bloomberg Businessweek magazine
(dated July 28, 2016), noted that executives from the Trump Organization
visited Cuba as recently as 2015, in part to identify golf-related
opportunities. Before then, Trump executives visited Cuba in 2012&2013.
"Among the (Trump Organization)'s more important visitors to Cuba have been
Larry Glick, Trump's executive vice president of strategic development, who
oversees golf, and Edward Russo, Trump's environmental consultant for golf.
On later trips, they were joined by Jason Greenblatt, the Trump
Organization's chief legal officer, and Ron Lieberman, another Trump golf
executive." Bloomberg Businessweek also noted that Cuban-American lawyer Tony
Zamora, a specialist in Cuban golf ventures and a publisher of the
Miami-based publication CubaStandard, reportedly advised the Trump
Organization on Cuba for nearly a decade. Zamora confirmed to that
publication his discussions with the Trump Organization the possibility of
teaming up with a foreign company to give Trump a minority position in a
Cuban golf venture (a deal that failed to materialize).

- Newsweek
ran an October 2016 front page feature on a Trump company spending at least
$68,000 in 1998 to explore business opportunities in Cuba (at a time when
allocating funds on business development in that country was barred under the
U.S. embargo against Cuba). In 1998, Bill Clinton was still president, and
speculation swirled about him lifting the Cuba trade embargo before leaving
office.

Since Trump has generated political capital with elements of the Republican
Party, a U.S. government led by that party has shown that relations with Cuba
do move forward. According to USDA statistics, between 2001-2015, Cuba
purchased $5.0 billion in agricultural products from U.S. - in cash (which is
remarkable, since Cuba traditionally purchased food imports on credit from
suppliers like Canada, Brazil, France and even Vietnam).

Ironically, Cuba made an increasing amount of U.S. food purchases during the
Republican administration of GW Bush (2001-2008) - with the majority of
suppliers being from traditionally conservative farm-belt states like
Georgia, Louisiana, Nebraska and Texas, among others. In fact, Cuba's food
purchasing agency, ALIMPORT, under the leadership of then-CEO Pedro Alvarez,
cultivated relationships with both agribusiness firms from these and other
states, as well as politicians like (former) Nebraska Governor Dave Heineman,
who happily pitched their states' farm products to Cuba. Heineman, a Trump
supporter who was chosen as his honorary campaign chairman in Nebraska
earlier this year, visited the International Trade Fair of Havana (FIHAV)
during the 2000s to personally help close deals to ship his state's wheat and
other farm products to Cuba.

Cuban officials like Alvarez have shown that even during a Republican
administration like GW Bush's, legalized trade relations between the two
countries still flourished - proving that business often trumps politics.
With Donald Trump's business interests lying in areas that are a natural fit
for Cuba - luxury tourism and real estate development, a Republican
administration under him may not harm U.S.-Cuban relations after all. It`s
the Company`s opinion that as opposed to President Obama's policy toward Cuba
- which was driven by an ideological affinity toward that government, a Trump
presidency will likely advance relations with that country based mainly on
mutually-beneficial business dealings.

Since Trump ran his presidential campaign on the promise of job creation for
ordinary Americans, an expansion of U.S. trade relations with Cuba would help
him fulfill that agenda - with American jobs being created in areas as
diverse as the travel sector, real estate development, construction
(including architectural and engineering expertise), and legal services. Even
the Trump-friendly corporate lobbying group ALEC (American Legislative
Exchange Council) has called for the normalization of U.S. trade relations
with Cuba, which would be consistent with its free market agenda. According
to a report issued by the Washington-based Peterson Institute for
International Economics (PIIE), under normalized economic relations, U.S.
exports of goods and services to Cuba could reach $6 billion per year, while
Cuban exports to the United States could reach $7 billion - figures that are
not likely to be ignored by Trump and his associates.

About Cuba Ventures Corp.
:

Cuba Ventures Corp. is a publicly traded Canadian company capitalizing on the
growth and unique opportunities in the USD $3.5 billion per year Cuban travel
and tourism industry. Travelucion Media, a wholly owned subsidiary of Cuba
Ventures, is a digital media and marketing company which owns a vast
portfolio of Cuba related websites and online portals providing travel in
formation, featuring individual web assets for Cuba's popular cities and
towns, online booking solutions and online reservations through proprietary
software, catering to international visitors to Cuba. Travelucion's online
travel division is a duly licensed retail travel supplier handling millions
of dollars in sales annually.

Travelucion's 432 Cuba focused multilingual websites generate over 30 million
page-views per year, directing traffic to the company's online booking and
e-commerce sites. Recently this traffic has become a cornerstone of the
company's assets, positioning it to direct highly targeted web traffic
towards specific partnerships including the MOU with SPORTTU and
Collaboration Agreement with Mercosur. Cuba Ventures will continue to
monetize and develop its Cuba centric web traffic going forward.
Travelucion's websites cover all facets of Cuba including over 80 travel
destinations, hotels&resorts, bed&breakfast, tours, car rentals, restaurants,
as well as Cuban culture, history, music, celebrities, sports, medical
treatments and more.

Travelucion's revenues have been rapidly growing in the wake of the notable
shift in American policy towards Cuba. With diplomatic relations now
normalized and restrictions on qualified American travel to Cuba relaxed,
opening of the multi-billion dollar travel market to the Caribbean nation is
becoming a reality. Further, with President Obama having now legalized the
sale of Cuban cigars, rum and foods, we see yet another illustration of
improved relations with Cuban goods now available across North America,
opening up an all new advertising opportunity for Cuban producers desirous of
promoting their brands and products on a worldwide stage. Travelucion's
continued media dominance over the past two decades has provided Cuba
Ventures with a competitive advantage in the burgeoning Cuba media space.
With the relaxing of rules for American travelers to Cuba and the potential
of further easing, along with recently announced sales of Cuban goods in the
US, growth and investment opportunities are on the rise in Cuba.

For further information on Cuba Ventures Corp. (TSX-V:CUV) or Travelucion
Media visit the Company's website at www.cubaventures.com or
www.travelucion.com. Cuba Ventures Corp. has approx.. 62.6 million shares
issued and outstanding.

CUBA VENTURES CORP.

STEVE MARSHALL
----------------------------------------
Steve Marshall
CEO

For further information contact myself or:
Nick Findler
Cuba Ventures Corp.
Telephone: 604-639-3850
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@cubaventures.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
RELEASE.

This release includes certain statements that may be deemed to be
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address events or developments that
management of the Company expects, are forward-looking statements. Although
management believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance, and actual results or developments may
differ materially from those in the forward-looking statements. The Company
undertakes no obligation to update these forward-looking statements if
management's beliefs, estimates or opinions, or other factors, should change.
Factors that could cause actual results to differ materially from those in
forward-looking state...

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