The Official Gazette of the Cuban government gave the green light this week so that the Japanese brand Mitsubishi could manufacture and market its products in Cuba in various sectors. For years the company had been tempted on the island, but they had not just given it the go-ahead.
The brand has had an office on the island for some time, but with little capacity for action. For example, in 2020, it was learned that the director of that office, Yamasaki Junichiro, had met with the Cuban ambassador in Japan in search of expanding agreements, but four years later he received the green light, according to the Gazette.
According to this information, with the registration of the Mitsubishi office in the National Registry of Representations
Foreign Trade, attached to the Chamber of Commerce of the Republic of Cuba, the Japanese entity can now carry out various functions on the island.
“The business line of the representative office of the Japanese company MITSUBISHI CORPORATION in Cuba, since its registration, is the manufacturing and marketing of finished products for different sectors of the industry and the economy, including food, beverages, raw materials various equipment, equipment, accessories, parts and various pieces; as well as carrying out intermediation activities in export and import activities,” it reads.
Mitsubishi lands in Cuba with manufacturing and marketing operations
Regarding Mitsubishi in Cuba, and this update, it is added in the Gazette that the Japanese brand still cannot carry out some activities on the island such as: importing and exporting directly on a commercial basis, carrying out wholesale and retail trade in general products and services. , except for after-sales and warranty services, expressly agreed in the contracts that cover international trade operations; issue commercial invoices; neither
distribute and transport merchandise in the national territory.
Since 2016, the Japanese company has settled in Havana, although they have had a commercial office there since 1998, inaugurated then by the Russian-Panamanian businessman Martin Rodin.
Mitsubishi is a Japanese conglomerate that owns several industries, such as automotive (the best known), banking, energy, chemical, electrical, military, mining, shipbuilding and telecommunications. In other words, in these new negotiations with Cuba we are not only talking about cars.
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