Caribbean News Now!

About Us Contact Us


Jump to your country or territory of interest

Advertise with us

Reach our daily visitors from around the Caribbean and throughout the world. Click here for rates and placements.


Submit news and opinion for publication


Click here to receive our daily regional news headlines by email.


Click here to browse our extensive archives going back to 2004

Also, for the convenience of our readers and the online community generally, we have reproduced the complete Caribbean Net News archives from 2004 to 2010 here.

Climate Change Watch

The Caribbean is especially vulnerable to rising sea levels brought about by global warming. Read the latest news and information here...

Follow Caribbean News Now on Twitter
Connect with Caribbean News Now on Linkedin

News from the Caribbean:

Back To Today's News

Cuban lawmakers discuss new foreign investment bill
Published on March 18, 2014 Email To Friend    Print Version

HAVANA, Cuba (ACN) -- As part of the legislative process of the Cuban parliament, lawmakers in different territories are discussing a draft of a new foreign investment law prior to its submission for analysis at the upcoming session of the National Assembly.

Jose Luis Toledo
Following debates on the bill in Havana, the president of the parliament's standing commission on constitutional and juridical issues, Jose Luis Toledo, told reporters that once the discussion process concludes, all criteria will be considered, which will lead to modifications if necessary in order to have the final document to be submitted to the parliament.

The new bill provides guarantees for investors and establishes foreign investment as a priority in nearly all economic sectors, particularly in the production of goods. The draft law also favours the setting up of an investment portfolio presenting the areas of interest for investors interested in participating in Cuban economy, and it also makes customs procedures more flexible in order to boost investment, among other advantages, the official explained.

The foreign investment process takes place without renouncing the country's sovereignty and its social and political system, said the official as he noted that the new law will allow funneling foreign investment in tune with national development interests.
Reads: 2760

Click here to receive daily news headlines from Caribbean News Now!



No comments on this topic yet. Be the first one to submit a comment.


Send us your comments!  

Send us your comments on this article. All fields are required.

For your contribution to reach us, you must (a) provide a valid e-mail address and (b) click on the validation link that will be sent to the e-mail address you provide.  If the address is not valid or you don't click on the validation link, we will never see it!

Your Name:

Your Email:

(Validation required)

Enter Code

Please note that, if you are using an AT&T domain email address, e.g.,,, the verification email will likely not be delivered. This is outside of our control and the only remedy seems to be for readers to complain to AT&T

User comments posted on this website are the sole views and opinions of the comment author and are not representative of Caribbean News Now or its staff. Caribbean News Now accepts no liability and will not be held accountable for user comments.
Caribbean News Now reserves the right to remove, edit or censor any comments. Any content that is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will not be approved.
Before posting, please refer to our Terms of Use and Privacy Policy.

The Caribbean Writer 2014

Other Headlines:

Regional Sports: