WHO WOULD INVEST WITH A BUNCH OF DEADBEATS AND MAFIOSOS LIKE THE CASTRO FAMILY OLIGARCHY AND THEIR THUGS? SOME OF MY FAVORITE QUOTES FROM THE ARTICLE: +The new law is meant for international investors only and does not apply to Cubans, who the government does not permit to form companies and make large-scale investments on the island. +As long as it involves people who do not have adverse positions to the revolution and are not part of the Miami terrorist mafia, - External Trade Minister Ricardo Malmierda (OOPS I meant to write Marlmierca!) CNN NEWS: Cuba acts to draw more foreign investors - by Patrick Oppmann HAVANA, Cuba -- Few would say Cuba is an easy place to do business, but a new law aimed at bringing pep to an anemic economy may lure more foreign investors. Cuban lawmakers Saturday approved an international investment measure. Vice President Marino Murillo Jorge, the economy czar, said that while Cuba would open further to investment, the government would retain a strong hand in dealing with investors. The state will always be a participant to avoid the concentration of property, Murillo said in televised remarks Saturday. But the return of capitalism to the island has had mixed results, with dozens of international investors arrested in corruption probes and others leaving the island frustrated over the endless red tape and lack of governmental protections for private industry. [The investment law] will attract foreign capital with clear rules and respect national sovereignty in a mutually beneficial way, said External Trade Minister Ricardo Malmierca, according to the state-run website Cubadebate. Full details of the new law will not be published for another 90 days, state media said. The law would permit investment in all area of the Cuban economy except for health care and education, according to state media reports. But all international investment still would need approval from government officials. The new law is meant for international investors only and does not apply to Cubans, who the government does not permit to form companies and make large-scale investments on the island. However, during the discussion of the law Saturday, External Trade Minister Malmierca said Cuban exiles might be allowed to invest in the country they had left. As long as it involves people who do not have adverse positions to the revolution and are not part of the Miami terrorist mafia, he said using a term commonly used by Cuban government officials refer to exiles who are in opposition to the islands single party form of government. CLICK LINK FOR ENTIRE ARTICLE! cnn/2014/03/29/world/americas/cuba-international-investment-law/
Posted on: Sun, 30 Mar 2014 17:52:12 +0000
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