New business opportunities to be
presented at FIHAV 2014
Venus Carrillo Ortega
HAVANA.— In November Cuba will officially present
its portfolio of business opportunities, designed to
attract foreign investment in key sectors of Cuban
industry in order to stimulate the national economy.
Omar Fernández, secretary-general of the Cuban
Chamber of Commerce, speaking to AIN,
confirmed that Cuba’s business opportunities -
established within the country’s new legal framework
to regulate foreign investment - will be presented
during the 32nd Havana International Trade Fair.
Fernández stated that to date numerous meetings with
national and foreign businesses have been held in
which the general principles
in this sector as
established by Law 118 - approved by the Cuban
Parliament in April and implemented in June – were
explained.
During the Fair, representatives from key sectors
such as renewable energy, agriculture, industries
and tourism will detail their projects, specifically
designed for foreign businesses.
From November 2-8, in Havana’s Expocuba pavilion,
almost 4,500 exhibitors from 60 countries will
present a wealth of goods and services, further
consolidating the FIHAV as an avenue through which
to promote international links with Cuba.
According to experts, Law 118, which replaced Law 77
from 1995, responds more effectively to Cuba’s
current and future economic needs; to revive
industry and increase
the competitiveness of Cuban products on the
world market.
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