Cuba seeks foreign investment, thumbing nose at US sanctions

📆 6/11/2023 5:02 p. m.
📰 Reuters

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 97%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Cuba hosted a business fair with over 800 companies from more than 60 countries on Monday as it lobbied for new investments, thumbing its nose at U.S. sanctions that have long spooked foreign companies from engaging with the communist-run island.

Cuba blames the Cold War-era U.S. trade embargo and the COVID pandemic for crippling tourism and domestic industry, wiping out the cash it needs to import basic goods and making foreign investment ever more important.

Cuban president Miguel Diaz-Canel told attendees "massive" participation at the fair this year was proof of business confidence in Cuba. Jay Brickman, a vice president at the Crowley shipping and logistics company, said emphasis on private business marked a major shift.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Analyst calls: All the market-moving chatter from Wall Street on Monday morningThe new kicked off with a downgrade to the world's largest lithium producer and an upgrade to one of the best-known car brands in the world.
Fuente: CNBC - 🏆 12. / 72 Leer más »