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Cuba is open to foreign investment, says Tourism Minister

St. Petersburg, Russia, Jun 15 (Prensa Latina) Cuban Tourism Minister Juan Carlos Garcia on Thursday stated his country is open to foreign investment despite the hostile blockade imposed by the United States..

According to Juan Carlos Garcia, who is part of the Cuban delegation (headed by Prime Minister Manuel Marrero) to the 26th St. Petersburg International Economic Forum, Cuba is much interested in investing in digital economy and e-commerce

Speaking at the Russia-Latin America session, García said Cuba has so much to provide in biotechnology, health, education and tourism sectors.

He also said Cuba’s 2030 development plan includes the possibility of attracting capital from all forms of production, including from private sector.

For such a reason, García said “it´s critical that our country’s legislation is prepared and responds to the interests of protecting such an investment”.