Cuba analyzes trade and foreign investment results

Havana, Mar 2 (Prensa Latina) Cuba’s Minister of Foreign Trade and Investment (Mincex), Rodrigo Malmierca, today described 2018 as difficult due to the tightening of the blockade, the impact of natural phenomena, and other aspects.

In the annual report of the sector, headed by Cuban President Miguel Díaz-Canel, Malmierca also urged to work this year with objectivity and effort due to the importance of these sectors for the country’s development.

He pointed out that the growth of the Gross Domestic Product depends to a large extent on boosting exports and attracting foreign investment, among other elements.

Malmierca also warned of the impact of Washington’s possible activation of Title III of the Helms Burton Act aimed at destroying the Cuban Revolution.

Ricardo Cabrisas, vice-president of the Council of Ministers; Alejandro Gil, head of Economy and Planning; and foreign trade and foreign investment workers also attended the meeting.

These sectors constitute important pillars in the productive chain for the development of the country, stated the Cuban leader in previous days during a meeting of the Ministry of Economy and Planning.

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