…“rid ourselves of unfounded fears of foreign capital; we are not heading toward, nor will we head toward capitalism, this is totally ruled out, as is established in our Constitution, and will be maintained, but we should not be afraid, and erect obstacles to what we can do within the framework of existing law.”
Raul Castro Ruz, Cuban President speech @ the National Assembly of People’s Power
Post By @CubanWindiow With Information from the original: Increasing business opportunities via Granma Cuba
- TOWARD EFFICIENT BUSINESS DEVELOPMENT
- THE DIVERSIFICATION OF TRADE RELATIONS
- A NEW ERA WITH THE EUROPEAN UNION
For Cuba 2017 foreign trade must be strengthened, while the foreign investment process must become more dynamic, in order to meet the country’s economic needs
Since 2014, Cuba has emphasized that its economic development largely depends on increasing the Gross Domestic Product (GDP) growth rate, which over the last decade has been steady at around 2%, almost half of the Latin American average over the same period.
But analysis of international experiences demonstrates that economic progress requires a sustained growth rate of at least 7%.
Continue reading “Cuba it’s looking for business opportunities, and the foreign capital is the key.”