El tiempo - Tutiempo.net

British Businessmen to Travel to Cuba to Explore Business

  • Published in Cuba
  • Hits: 249
cuba reinounido
 
About thirty British businessmen will travel in the coming days to Cuba to explore new business and investment possibilities in the Caribbean island, confirmed one of the organizers of the trip.
 
We are very excited to see the opportunities, understand the changes introduced by the new Constitution, and with the meetings that we will have as of June 17 with our Cuban partners, the Government and state companies, assured Prensa Latina the administrative director of the Cuba Initiative, Chris Bennett.
 
He added that the delegation is composed of 28 representatives of the British business sector, and will be led by Lord David Triesman, co-president of the entity that since 1995 is dedicated to promoting trade relations between both countries.
 
He recalled that the work developed by the Cuba Initiative over the years has resulted in the creation of several joint ventures in the tobacco sector, the introduction of direct flights between London and Havana by the airline Virgin Atlantic, and in projects for the generation of electricity from solar energy and biomass.
 
The businessman also criticized the recent activation by Washington of Title III of the Helms-Burton Act, which allows Americans to sue companies that invest in nationalized properties in Cuba after the triumph of the 1959 Revolution.
As entrepreneurs, we have always said that the US blockade has been an obstacle to getting closer, and this new measure is not welcome for British investors, he said.
 
Bennett clarified, however, that the United Kingdom, like the European Union, has legislation that protects its companies from the extraterritorial scope of laws applied by third countries.
 
The Cuba Initiative in the United Kingdom is one of the three organizations that make up the Caribbean Council, and is chaired by the Cuban side by the Minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca. / ACN

Add comment