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.
The beginning of a new year always brings with it multiple hopes for an improvement in the lives of all people and, on this occasion, without a doubt, those wishes will be multiplied, due to the difficulties suffered by the entire population of the planet because of the epidemiological situation caused by Covid-19, which has affected everyone's economy more strongly
The Monetary Overhaul Task will favor the Cuban economy and particularly companies with foreign capital, a process that currently has a strategy for this new scenario, authorities from the Ministry of Foreign Trade and Investment (MINCEX) said.
The Mariel Special Development Zone (ZEDM, in Spanish), located in western Cuba, showed progress in 2020 with seven new businesses that went into operation, despite the crisis unleashed by the Covid-19, said its general director, Ana Teresa Igarza.
The Minister of Foreign Trade and Investment, Rodrigo Malmierca, inaugurated this Tuesday the Cuba 2020 Business Forum, which is held virtually, with the participation of over 1,200 representatives from 93 countries.
The production of nickel and cobalt in the municipality of Moa, east of the country, and the investment in this industry were analyzed by Commander of the Revolution Ramiro Valdés, Deputy prime minister of Cuba, transcended today.