Articles of Foreign Investment

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Cuba specifies foreign investment projects in its internal trade

Inversión-Extranjera

The country relaxed a group of rules, measures and regulations in relation to foreign investment in the trade sector. The new policy conceives retail marketing under the modality of joint ventures and in the case of wholesale trade, the creation of joint ventures with 100% foreign capital is authorized. The technical and development director of the Industrial Products and Services Marketing Group, Raúl Delgado Rodríguez, explained that the policy seeks to create and encourage wholesale and retail markets.

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Cuban President meets with businessmen and personalities from Italy

canel con italia

With the aim of continuing to strengthen relations between Cuba and Italy, Miguel Díaz-Canel, President of the Republic, met this Wednesday with several businessmen and personalities from that European country. Through the Twitter account of the Presidency, it was indicated that the president thanked the Italian friends for the meeting and listened to proposals and concerns regarding foreign investment.

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Foreign investment in Cuba, a crucial bet for development

cuba inversiones

Faced with a very challenging scenario, Cuba insists decisively on attracting foreign capital for development, Director of Foreign Investment at the Ministry of Foreign Trade and Investment, Carlos Luis Jorge, told Prensa Latina.Despite specialized sources predicting a fall of more than 40 percent in investment flows at a global level, and a hardened U.S. blockade to malign its image, the island redoubles efforts to attract foreign direct investments (FDI).

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Fihav to welcome businesses from more than 50 countries betting on Cuba

Feria Habana

“WE are celebrating this 27th edition at a special moment. The blockade persists, intensified in recent times with absurd measures, but in any event, the Fair is not only going to be held, but will consolidate its status as one of the most important such events in Latin America and the Caribbean,” said Minister of Foreign Trade and Investment Rodrigo Malmierca Díaz, during a press conference.

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International investors recognize Cuba’s guarantees, despite pressure from Washington

Canel inversiones

“We must develop an export vocation in all entities. We need to substitute imports, because the less we spend, the more we have to re-circulate within our own productive processes,” said Miguel Diaz-Canel, President of Cuba’s Councils of State and Ministers, during a meeting of the National Assembly’s Public Services Committee, in which deputies received updated information on Law No.118 that governs foreign investment in the country.

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One-stop service system to facilitate foreign investemnt

Inversiones Cuba

Beginning 2020 with a one-stop service system for foreign trade in Cuba is essential to attracting more business and increasing investment.

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Minister Assures a New Era in Vietnam-Cuba Trade After Trong’s Visit

Viet NamTran-Tuan-Anh

The visit to Cuba of the Secretary General of the Communist Party of Vietnam, Nguyen Phu Trong, opens a new chapter in our trade and cooperation relations, assured today here the Minister of Industry and Trade, Tran Tuan Anh. One of the most important results was reaching a consensus between this portfolio and that of Foreign Trade and Foreign Investment of Cuba.

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Cuba Supports Latin American Vision of Development Goals

malmierca

Cuba has called for Latin American and Caribbean vision in the implementation of the 2030 Agenda for Sustainable Development, approved by the General Assembly of the United Nations. The statement was made by the Minister of Foreign Trade and Foreign Investment (MINCEX), Rodrigo Malmierca, who heads the Cuban delegation to the 36th session of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), which concluded Friday.