Cuba Offers Full Guarantees to Investors, High-ranking Official Says

The Government of Cuba gives full guarantee to investors who bring their capital to Cuba, even grants certifications and attestations to offer them security and trust, a senior Cuban official said Wednesday.

Michel Bernal, Commercial Director of the Cuban Ministry of Tourism, who participates in his country's delegation to the tourism summit in Cancun, chaired by Minister Manuel Marrero, explained to the local press details on the issue.

'We are working to accelerate the opening procedures, providing facilities so that they can easily and quickly open their businesses, place their money and begin to recover their investments as soon as possible,' Bernal indicated.

He reiterates that the national legislation and the words of President Miguel Diaz-Canel and Minister Marrero have made it clear that there is total openness to foreign capital, interested in taking its projects to Cuba.

Bernal reminded that Cuba and Mexico are linked by a long history of respect and solidarity, which is why this friendship and work between both nations should be strengthened, also in the area of tourism.

The Cancun Sustainable Tourism Summit ends Wednesday and among the many issues discussed was that of cooperation and multi-destination projects, as well as that related to the sargasso that affects the coastline of Quintana Roo and several Caribbean countries.