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Diaz-Canel: Foreign Businessmen with Total Legal Security in Cuba

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díaz canel empresariosPhoto: Cubadebate
The president of the Councils of State and Ministers of Cuba, Miguel Diaz-Canel, said on Wednesday that foreign businessmen on the Caribbean island have legal security guaranteed.
"I had a meeting with foreign businessmen from the tourism sector who were attending the Tourism Fair," the head of state wrote on his Twitter account.

"Their companies in the country have full legal security under the Law 118 of Foreign Investment and Law 80 Reaffirmation of Cuban Dignity and Sovereignty," said Diaz-Canel in his message.

For his part, the Minister of Foreign Trade and Foreign Investment of Cuba, Rodrigo Malmierca, reported on Internet that Diaz-Canel received the president of the Canadian company Sherritt.

"President @DiazCanelB received the president of Canadian company SHERRITT, David Pathe. They agreed joint investments are moving along fine and rejected the blockade and Helms Burton law,” Malmierca added in his message.
On Monday, the Minister of Industry, Commerce and Tourism of Spain, Maria Reyes assured in Havana that the investments of Spain in Cuba have a present and a future.

We have activated the second countervalue fund of 375 million euros, the previous one was 40 million Euros, and this is undoubtedly good news, Reyes said.

This capital will help Spanish businesspeople to continue working and doing investments in Cuba, the minister stressed.
This exchange encourages us to continue working from the government to strengthen commercial ties and investment in the Caribbean nation, Reyes said.

Investments will be carried out not only in the tourism sector, but in strategic sectors such as transport and infrastructure and Spain, has leading companies for such efforts, she said. / PL

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