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Home International Customs Cuba

Cuba eager to speed up foreign investment in key sectors

byCT Report
02/01/2016
in Cuba
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HAVANA: Cuba must cut red tape to ease foreign investment in the productive sector and promote its investment law to spur capital flow in key economic sectors, an official said Tuesday.
“We have to be quicker when working with foreign capital,” Rodrigo Malmierca, minister of foreign trade and investment, told a parliamentary session held to review the results of socio-economic reforms implemented this year by the government of President Raul Castro.
“We’re moving forward and expecting more good results in the near future,” Malmierca said.
“It is a complex issue that takes a lot of work, because the negotiation processes take time and require maturation periods,” he said.

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