Cuba considers allowing foreign investment into private businesses

In a first in the communist island, the Cuban government is considering allowing foreign investment into private small and medium-sized businesses as the country hits a deep recession and discontent grows. 
The move follows criticism and a cold response from Cubans abroad and potential investors to the private-sector law.
The Cuban National Assembly will discuss a proposal to modify the law passed in August.
Under the current version of the law, foreign entrepreneurs and companies can only partner with the state in mixed ventures or invest in fewer projects in areas of interest that the government lists annually.

comments powered by Disqus
Most Popular
No 'bad flu' in Jamaica, says MAJ
Investigators looking at possible motives in...
Nine-year-old murdered during carjacking in...