(MENAFN) Cuba"s National Assembly plans to bring more capital to the communist economy by offering steep tax cuts and promising a climate of investment security, according to Arab News
The National Assembly will pass a new foreign investment law to achieve its goal
The assembly has started holding sessions to discuss and approve the law, which would become valid within 90 days
Minister for foreign trade and investment Rodrigo Malmierca said that Cuba should attract USD2 billion to USD2.5 billion in foreign direct investment per year to reach its economic growth target of 7 percent
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