Cuba Approves Multimillion-dollar Projects with Foreign Investment

Havana, Jun 21 (Prensa Latina) Cuba has approved deals with foreign investment commitments of more than 4.5 billion dollars over the past two years, an official source announced Friday.

At the opening of the Cuba Business Forum at the National Hotel in Havana, the Minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca, stressed that the process of attracting foreign capital has not stopped, despite the growing hostility of the United States.

In this sense, he denounced the new measures of the Donald Trump administration against Cuba, which include the prohibition of cruise ship trips and the activation of Title III of the Helms-Burton Act.

Convened by the Chamber of Commerce of the Republic of Cuba and co-sponsored by the Economic Commission for Latin America and the Caribbean and the European Commission, the business forum was attended by more than a hundred businessmen, academics and jurists from the United States, Spain, Canada and this country.

As part of the event, four panels will be held on business opportunities in Cuba, their development and challenges in the face of the hostility of the North American nation.

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