jueves, 10 de noviembre de 2016

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

Cuba Ventures on Why an Incoming Trump Administration Will be Good for
U.S.-Cuba Rapprochement
GlobeNewswire • November 10, 2016

VANCOUVER, British Colombia, Nov. 10, 2016 (GLOBE NEWSWIRE) -- Cuba
Ventures Corp. (CUV.V) (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. (CUV.V) 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.

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