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U.S. citizens can also invest in Cuba |
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Written by OffshoreWorld
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Wednesday, 22 September 2010 |
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 U.S. citizens can also invest in Cuba
In the Cuban capital Richardson maintained encounters, described as successful, with representatives of the import food company Alimport and the Chamber of Commerce of Cuba. In addition, the Governor met with the Minister of Foreign affairs, Bruno Rodriguez and vice-minister Dagoberto Rodriguez.
So far U.S. citizens can not invest in Cuba; however, in 2009 the Island acquired diverse types of foods to producers of the United States, for a total of $729 million, although this represented a reduction of the 30 percent in relation to the 2008.
The forms to invest in Cuba have had ups and downs, but none of those investments has been by U.S. Citizens and although the food sale was considered like an evident relation of the American embargo to Havana, effective from 1960, in fact Washington still demands the government that presides Raul Castro cash payment of all the food purchases and this restrains the development of commercial bonds.
Richardson also learned in Havana about the expansion project held in Terminal Two of the Airport the International Jose Martí, the site by which normally arrive the flights from several cities of the United States with Cuban Americans. These people are not allow to invest in Cuba; although with the coming to the power of President Obama, and measures taken by his predecessor, George W. Bush have made possible the free trip from the Cuban Americans to Cuba.
With the remodeling of the airport terminal the objective is to send a clear signal to the interested in investing in Cuba; in addition, the government of Raul Castro hopes that, Bill Richardson article in the Post will aid these efforts. Allowing Obama to offers majors permissions to the North Americans to travel to the Island and, in the future, would allow investing in Cuba.
In 2009 Cuba received two million 430 thousand visitors, which represented a 3,5 percent more than in 2008; but if permission to free trips and to invest in Cuba were granted, the number of North American tourists that would arrive at the Island, consider the experts, could be superior to three million every year.
The visit from Richardson to Havana was seen with favorably by those who plead for the end of travel restrictions and the cease of the prohibition to invest in Cuba, an optimism also shared by the governor who said in press conference to have perceived that the government would accept openings, at the time of investing in Cuba.
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Last Updated ( Wednesday, 22 September 2010 )
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