The Traderszone Network

Published in TZ Latest News 1 February, 2016 by The TZ Newswire Staff

Bacardi demands U.S. explain giving Havana Club brand to Cuba

Bacardi on Monday sought U.S. records to explain the U.S. government’s decision to strip the spirits company of its right to the Havana Club brand name and hand it back to a Cuban state company partnered with a global rival. Bacardi’s Freedom of Information Act request is the latest step in a long battle with the Cuban government over the Havana Club trademark in the United States. Cuba cannot sell its rum in the United States because of the U.S. trade embargo on the island, but it hopes to eventually gain access to the world’s largest rum market now that U.S.-Cuban relations are improving.