Fuego Enterprises, Inc. Reports It Has Received a License to Operate as a U.S. Business in the Republic of Cuba
August 04, 2021 at 02:46 pm EDT
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Fuego Enterprises, Inc. announced that the National Register of Foreign Commercial Representatives of the Chamber of Commerce of the Republic of Cuba has issued Fuego a license to legally operate in Cuba as a U.S. business. The license was issued on July 21, 2021 and expires after five years, unless otherwise renewed. Fuego is the first American company controlled by a Cuban-American to be registered in the Republic of Cuba. The Company is lawfully authorized to do business in the Republic of Cuba in any capacity that supports the benefit of the Cuban people, with a focus on media, ecommerce, infrastructure, travel/tourism, real estate, import/export, and agriculture. All activities by the Company in Cuba meet U.S. policies, including those of the U.S. Treasury Department’s Office of Foreign Assets Control. The company invites all interested parties to help support Fuego with the sale and distribution of food and other consumer goods to Cuba, and any other non-governmental partnerships that aid the people of Cuba.
Fuego Enterprises, Inc. is a diversified holding company for business opportunities in emerging and developed markets. The Company, through its subsidiary, OnCuba Travel, LLC (OCT), offers comprehensive travel programs. OCT has relationships with airlines, hotel chains, and cruise lines around the world. It offers media products in print and digital formats. The Company has two magazines, such as OnCuba Travel Magazine and Art OnCuba Magazine. It licenses, produces, and distributes handcrafted souvenirs, promotional products, and made-to-order goods as a full-service supplier through OCG, LLC (OCG). The Company through IslaData, LLC (IslaData) provides data mining, predictive analytics, and text mining related to the Cuban marketplace.