Sweet Dreams ; Cash-Starved Cuba Hopes to Resuscitate Neglected Sugar Sector

Summary

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Cuba is eager to revive its once mighty sugar industry and, with the help of foreign investors, become a global player in the fast- growing ethanol fuel sector, say Cuba analysts and energy specialists.

It has been decades since the communist island stood alone at the top of the list of the world's biggest sugar producers, but Cuban officials reportedly are adamant about reviving sugar, the country's No. 1 export until the collapse of the Soviet Union in the late 1980s.

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Sweet Dreams ; Cash-Starved Cuba Hopes to Resuscitate Neglected Sugar Sector

One Cuba analyst with close ties to the country's sugar ministry noted that Cuban officials were seeking overseas assistance in reviving the industry, though they acknowledged that will be difficult because of the country...

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