Showing posts with label USA. Show all posts
Showing posts with label USA. Show all posts

3/20/2016

USA PRESIDENT HISTORIC TRIP TO CUBA FOR INVESTORS

American President Obama & Cuban President Castro in Old Havana

USA PRESIDENT OPEN CUBA FOR AMERICAN BUSINESS

HAVANA CUBA: USA President Barack Obama arrived in Hanana Cuba on Sunday on a historic 88 year old visit that begins a new chapter in U.S.-Cuba Business Investment with the island's Communist government after five long decades of animosity between the two American neighbors. President Obama landed at Havana's Jose Marti International Airport aboard Air Force One, the presidential jet with "United States of America" across the side which is a sight almost a miracle not long ago.  Obama & his family stepped onto the red carpet in the Havana rain. Obama and his family, smiling broadly and with umbrellas in hand, were greeted by Cuban Foreign Minister Bruno Rodriguez who is the first Cuban to welcome a USA president in over 88 years. They then stepped into a black armored limousine that was flow in from Washington, with U.S. and Cuban flags on the hood, and headed out in their Cuba-USA motorcade.

Th is is the first trip to Cuba by a U.S. president to Cuba in 88 years, after 18 months of diplomatic openings announced by Obama and Cuban President Raul Castro in December 2014, ending a Cold War-era estrangement that began when the Cuban revolution ousted a pro-American government in 1959.  Obama, who abandoned a longtime U.S. policy of trying to isolate Cuba, wants to make this US-Cuba shift irreversible. But major obstacles remain to full normalization of ties, and the Democratic president's critics at home say the visit is premature.

Traveling with first lady Michelle Obama, her mother and their daughters, Sasha and Malia, the president was to visit the newly reopened U.S. Embassy and then play tourist on his first night on the Caribbean island, taking in the sights of Old Havana. He will hold talks with Raul Castro – but not his brother Fidel, the revolutionary leader - and speak to entrepreneurs on Monday. He meets privately with dissidents, addresses Cubans live on state-run media and attends an exhibition baseball game on Tuesday.  With over five decades of hostility between Washington and Havana president Obama is making World History as the first sitting American president to visit Cuba since Calvin Coolidge arrived on a battleship in 1928.

US BUSINESS OPENS IN CUBA

It is also another major step in chipping away at remaining barriers to U.S.-Cuba trade and travel and developing more normal relations between Washington and Havana.  Obama and his family will have a tour of Havana followed by a
State Dinner and a Cuban All Star baseball game followed by his First TV address directly to teh people of Cuba on Cuban TV tonight at 10pm.

Since last year the two sides have restored diplomatic ties and signed commercial deals on telecommunications and over 100 flights with regular airline service.  CUBA has also announced that it has signed business Joint Ventures with Starwood hotels & Resorts as well as expanded Private room bookings with Air BnB of USA. Soon many other American companies will be opening Cuban investments with the blessing of the American and Cuban governments




http://Calls2Cuba.com

11/21/2012

LIST OF CUBA INVESTMENTS

Invest in Havana Cuba and Varadero Hotels, Condos & Resorts

 INVEST IN CUBA INVESTMENTS

Cuba Tourism Hotels & Resorts

Tourism in Cuba is the 1 area of investment for international hotel & Resort companies that want a future presence into the very profitable Cuban tourism industry. Melia Hotel & Resorts, Accor and Publicly traded Sherritt International are the leaders in this hot investment sector of tourism in Cuba. Foreign involvement in Cuban tourism has many smaller travel agencies and tour representatives who have offices in Cuba as well as most major tourism based travel vacation airlines that offer flights to Varadero, Santiago, Cayo Coco & Havana Cuba.

The Cuban tourism ministry is keen to attract further foreign investment for various hotel developments in order to prepare for the eventual changing of the US travel ban which will be lifted in the next year. The lifting of the American Travel Embargo against Cuba would generate millions of American tourist. Cuban tourism authorities are seeking investment from International hotel & resort developers that want to build hotels outside of Havana and Varadero beach.

Real Estate In Cuba

English: HAVANA. A news conference with Russia...
 HAVANA. Russian President Vladimir Putin and Cuban leader Fidel Castro. . (Photo credit: Wikipedia)
Cuba keeps changing the rules in the right direction as many new apartment buildings were opened to foreign investment and ownership in 1995.  There are two primary JV's involved in commercial real estate. These are Inmobiliaria Monte Baretto S. A. and Inmobiliaria Aurea S. A. , both with international investors and foreign shareholders, which have developed the Miramar world Trade centre and La Lonja del Comercio for retail and commercial rental of office space. 

Currently real estate is limited to Cubans but this could change very soon as Cuba continues to open the real estate investment opportunities to foreigners. Opportunities in the residential market have been pursued by Canadian Publicly traded company Lesiure Canada, one of the shareholders in the largest commercial real estate project (Monte Baretto)

Oil & Gas In Cuba

Sherritt International is the main investor in this sector with over $900 Million in investment in Cuba. Cuba is seeking investment in new project for energy alternatives and will give very quick replies to foreign investors that have good ides, New Technology and available financing. Oil and gas service companies have gone bust but they continue to present their services in oil & gas exploration.

Cuban Agriculture

 Sugar and fruit are the main foreign investors with deep investments in citrus fruits with the largest Investor being an Israeli group which has recently reduced its interest.  Ethanol & Biomass energy conversion plants is another priority for the Cuban government with discussions between Brazil and Venezuela.

Banking Financing In Cuba

Cuban President, Raul Castro, has allowed European and Canadian banks in Cuba for many decades participating in trade and financial deals since the early 1990’s.  Even in Travel & health Insurance, Heath Lambert and Lloyds of England have been the leader in Cuban Insurance and  re–insurance of certain higher Cuban insurance risks such as project and infrastructural debt financing which is a strategic area for attracting foreign investment. Cuban bank President under Castro will facilitate meetings from interested investment groups.
 

Cuba Investment Funds

The list of Cuban investment funds and other investment vehicles is short. Currently investing in Cuban fixed income debt as well as equity investments is the only possibility that international investment  Funds have in Cuba investments. The only investment companies that are investing in Cuba are Leisure Canada, Ceiba Finance and Coral Capital (UK registered) which has their two top executives in Jail for corruption charges. European investments has also been reported by a very small German fund called Kuba Investments.

New Cuba investment funds are encouraged to establish good relationships and a physical  presence in Cuba. Many interesting  projects at different stages of development are seeking financing and capital investments long as the investment company has passed the approval process with the Cuban authorities.

Cuban Biotechnology

This is an area where Cuba really can make a difference since Fidel Castor invested over $300 Million to create a world class bio-technology research center on this Cuban island paradise. York Medical and smith Kline and several other biotech firms have invested large sums of money and signed research agreements to develop certain drugs with Cuban biotech entities called CIMAB S. A. and CIGB S.A. Cuba has also several agreements to manufacture international vaccine treatments with Iran, Brazil, China and most recently  with India’s Biocon Bio-pharmaceuticals Ltd.

Cuban President Raul Castro has made this sector a top priority area and has received a great deal of attention since the 1980’s. Biotechnology has the most potential in investment risk returns and is much open to new investors although the investment model developed by the Cuban financial and investment ministry has open to international pharmaceutical companies.

Cuban Technology & Software

Cuba has over 200,000 advanced computer technology programmers in every sector of technology and software development. Technology in Cuba has been compared to silicon island of the Latin world. Many high tech companies will be looking to invest in Cuba as soon as the American embargo is lifted. Presently few foreign companies have elected to invest in this sector however it is agreed that Computer & technology in Cuba will be a huge growth industry in the near future as Cuba continues to develop thousands of Computer PhD's that will be the seeds to the future advancement of this sector of the Cuban investment economy.

Cuba Investments

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7/26/2012

RAUL CASTRO WANTS AMERICAN INVESTMENT IN CUBA

Havana Cuba Investments in Real Estate & Hotel Resorts

 CUBA CASTRO OFFERS NEW INVESTMENT  TO AMERICAN INVESTORS

Havana, Cuba.  Raul Castro President of Cuba said today that Cuba is ready to sit down and negotiate a peaceful fair solution with President Obhama of the USA. The Cuban investment offer to the USA was made by Cuban President Raul Castro as he stated once again that his government is ready to enter into talks with the United States bases on mutual respect and understanding.

Castro was quoted as saying "Cuba is ready for American Investment. If President Obama wants to discuss the problems of democracy, as they say, freedom of speech, human rights, the things they have invented for years, we will discuss them," he said. But he added that the Cuban government has its own grievances that also need to be discussed.

Raul Castro comments came on the 59th anniversary of the Cuban assault led by former Cuban president Fidel Castro on a military barracks that marked the beginning of the Cuban revolution back in 1959.

Cuba and Raul Castro in particular has expressed willingness to talk and negotiate with Washington. In April 2009 speaking at a summit of Latin American leaders gathered in Venezuela, he said he was willing to discuss "everything, everything, and everything" with the United States, even such sensitive topics as human rights, freedom of the press and political prisoners.

Cubans were given a holiday from work Thursday, and the July 26 event has historically been reserved for important announcements. Castro speech was broadcast several times on Cuba's state-controlled media companies.

Castro comments were made as several off-the-cuff jokes and said he had not planned to give a speech about Cuba and American Investments.

Cuban First Vice President Jose Ramon Machado Ventura had already given the keynote address, in which he questioned whether  the United States return the naval base near the Cuban town of Guantanamo, where this year's celebrations are taking place.

The USA has a 50 year old trade embargo on Cuba, and any Investment changes in US-Cuba business relations have been delayed by a number of risky financial protection and insurance issues, including the jailing of State Department contractor Alan Gross on charges of espionage in Cuba.

After Cuban Vice-President Machado Ventura's speech, President Raul Castro took the stage to thank the huge Cuban crowd. But he said he had made several speeches this week and would not be making formal comments.

Then he jumped into the long debated  and strained U.S.-Cuba relations, saying he would prefer the two countries were adversaries only on the baseball field especially when it came to Hotel and resort Investments, real estate, mutual fund investments and any health care, travel and insurance investments that benefited Cuba and the foreign investors.

There was an olive branch for the Cuba's internal financial, tourism and investment critics, who Cuba's state-run media lambaste as paid mercenaries working in the employ of the American foreign government. "Factions" within Cuba, Castro said, "are trying to lay the groundwork so that one day what happened in Libya will happen here in Cuba, exactly like what they're trying to make happen in Syria."

This week leading Cuban dissident Oswaldo Paya died in a mysterious car crash. The Cuban government officially stated the crash was the result of an unfortunate accident, but members of Paya's family have said they believe he was intentionally targeted for elimination for his opposition to the Cuban government human right s policy.

Foreign investors in Cuba are all anxiously awaiting the new investment opportunities to open as the next tourism and real estate season start later this year.
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4/01/2011

USA PRESIDENT JIMMY CARTER SPEECH ON CUBA EMBARGO


(Havana,  Cuba)—
U.S. President James Carter: First of all, allow me to express my gratitude for the opportunity to return to Cuba.

James Carter
US President Jimmy Carter Talks About Cuba
When I was President I did all I could to improve diplomatic relations between my country and Cuba. I eliminated all travel restrictions so that the Americans could travel here and Fidel Castro and I worked together to establish interest sections in Washington and Havana, which continue to allow for some kind of communication between our two countries.
I believe we should immediately eliminate the trade embargo that the United States has imposed on the people of Cuba and also allow travel without any kind of restriction from the U.S. to Cuba and vice-versa, so I think it’s important that I’ve come. On this occasion, I wanted to learn from the Cuban government’s principal officials about the coming Party Congress, which will take place mid-April and I have received information from the President of the National Assembly, President Raúl Castro and former President Comandante Fidel Castro and other leaders of the Cuban government about plans for the future.
Cuban officials are very proud of the fact that they have received good comments from the people of Cuba and many suggestions have been incorporated, as I understand, into the text which will be discussed during their Congress.
I hope that in the future this will be added to those documents and that there will be complete freedom so all Cubans can express themselves, gather and travel, according to the international human rights norms which are applied in Cuba.
In addition to meeting with President Raúl Castro for a very extensive conversation and this morning with Fidel Castro, who appears to be in good health and we welcomed each other like old friends, I met this morning with some of the groups which criticize the Cuban government and, I hope that in the future some of their complaints will be addressed by the government.
I met with about 12 prisoners who were freed on orders from
President Raúl Castro and sponsored by the Cardinal. Evidently they want to meet with others who have returned from Spain or other places. I met and talked with President Raúl Castro and I will do so again after this conference.
It is also important to me that the relations between our two countries improve.
I believe that the detention of the Cuban Five makes no sense, there have been doubts expressed in U.S. courts and by human rights organizations around the world. They have now been in prison 12 years and I hope that in the near future they will be freed to return to their homes.
I meet with two of the prisoners’ mothers and three prisoners’ wives and expressed my feelings to them, that I hope that in the future they will be freed, according to U.S. law.
Also this morning, I was able to meet with Alan Gross, a man who I think is not guilty of being a serious threat to the people or government of Cuba. He has been given a long prison sentence and I hope he will be freed soon as well.
So, there are many things that can be done between our two countries to improve relations and come to have normal relations in as many ways as possible.
I will repeat my thanks to President Raúl Castro and other Cuban officials for having allowed me to come and converse with them and I hope, for the future of Cuba, that all Cubans will be completely free and all Americans free to travel where they choose, you know that many of us cannot travel freely to Cuba and these restrictions in our country must be eliminated.
These are my initial comments and now I would be happy to answer two or here questions from the media. If there are no questions, we’re done.

Andrea Rodríguez (AP).—Sir, you mentioned that you had visited Mr. Gross. I would like to know if you have any idea when he might be released, if you, even, might be taking him home, one way or another. What possibility is there that an exchange of this person for the five agents detained in the United States. Have you received any indication from President Raúl Castro leading in this direction? Thank you.
James Carter.—I didn’t come here with the idea of arranging any swap. I think the two cases, that of Gross and that of the Five, are separate, different and shouldn’t be interrelated. I think Alan Gross should be free because he is not guilty of a serious crime and I think the five Cubans should be freed because they have already been in prison for 12 years and the original circumstances around their original trial are considered questionable, even by the judges and the U.S. judicial system. Therefore, I didn’t come with that objective.
I had a very good meeting this morning with Alan Gross, obviously he professes his innocence as he did during his trial. There will be an appeal by his lawyers to higher level courts in Cuba. I hope these higher level courts will declare him innocent of the crimes for which he is being punished , and if that isn’t the case, that then, possibly in the future, an executive order will be released conceding him a pardon or releasing him for humanitarian reasons. His daughter is very sick, he has lost other members of his family; he had lost 40 kilos of his own weight, but he appears to be in good spirits and asserts his innocence. I didn’t come with the expectation of taking him home. In fact, Cuban officials made it very clear, before I left my home, that the freedom of Alan Gross would not be granted.
Fernando González (Associated Press Television).—I understand that you did not come on an official or governmental visit but I would like to know if you plan on meeting with the Obama administration and, if you do, what will you say to him.
James Carter.—Well, before leaving I had spoken at some length with the National Security Advisor and Secretary of State Clinton about the situation that exists between our two countries. As I have always done, before any trip abroad, before leaving, I go to the White House and give a complete report about the trip to the President of the United States and the Secretary of State. This will be done within a day or two after my return to the U.S. and I will express the same opinions which I have shared with you in this conference, along with other more confidential issues which I must share in person with American officials.
Journalist.—On the basis of your talks in Washington before this trip and your talks here with President Raúl Castro, what steps do you think should be taken, what should each country do to improve relations?
James Carter.—I should like to see another step taken in current legislation to eliminate the restraints on travel for U.S. citizens; I should like all restrictions removed on the normal transfer of humanitarian funds to Cuba.
I met with a large number of ambassadors located here in Havana and United Nations representatives and they said that in the last two years it has been very difficult for them to depend on normal channels for humanitarian aid to the Cuban people, because the Americans are restricting transfers. European Union leaders, the ambassador of Brazil and others in the group have said the same thing to me. This is something that could be done immediately by the President of the United States in relation to the existing legislation.
I understand from the Foreign Minister of Cuba and also from all the ambassadors that these restrictions on the normal transfer of humanitarian funds into the banking system have been very restricting in the past two years. Since President Obama has been in his position I have shared that information with him.
I hope, in relation to other possibilities, as I have already stated, well, that Mr. Gross is released and that the five Cubans return to Cuba.
In addition to those aspects, I personally would like the Helms-Burton Act to be completely abolished. I believe it was a serious mistake when it was approved and signed by President Clinton.
Any efforts on the part of the United States to improve the lives of the Cuban people with financial aid or by other means is suspicious or illegal according to the Helms-Burton Act, because that Act, as you know, has the express objective of doing away with the Castro regime, of changing the regime. Therefore, this Act – in my opinion – is counterproductive. It didn’t exist when I was president, and I could basically do what I liked with restrictions on travel and the establishment of relations, et cetera.
These are some of the things that are evident to everyone, and Congressional leaders of Cuban origin are acting in a very counterproductive way, trying to blame or punish the Cuban regime, when in real terms they are punishing the Cuban people with their restrictions.
Journalist.—Mr. Carter, you are one of the few people, one of the few political figures who has the respect of both sides, would you accept a mediatory role between the two countries?
James Carter.—It is extremely unlikely, or possible, that both countries should solicit my services; I would be pleased to help, but I believe that that is extremely unlikely.
Journalist.—Mr. President Carter, when you were president you were not in agreement with the activities of violent exiles against Cuba. Do you have an opinion on taking Cuba off the list of terrorist countries?
James Carter.—Yes I believe that Cuba should be taken off the list of countries sponsoring terrorism. As you possibly know – I don’t know if you know – I understand that there has been very close cooperation between Cuban and American intelligence services in confronting the threats of Al Qaeda and other organizations in the Gulf region.
The only American allegations in terms of terrorism against the Cuban government are related to some of the groups in Colombia, the FARC and ETA in Spain.
When I met with the ambassadors of Spain and Colombia yesterday morning, they told me that they had absolutely no objection, that they thought that the capacity of members of ETA and FARC in Colombia to come to Cuba was something very positive for them, because it gave them an opportunity to communicate in a friendly way in Cuba with people who were causing problems in their own countries. And so the American allegations, the affirmation of terrorism, is a premise which is completely unfounded, and that is another aspect that the President of the United States could address; in other words, eliminate the statement that Cuba is sponsoring terrorism, because it is evidently untrue.
I can take one more question.
Michael Boston (BBC).—You have met with President Raúl Castro and former President Fidel Castro. You have talked about your desire to see freedom of expression, freedom of assembly, the right of Cubans to travel abroad; you have also talked about the economic changes which are to be discussed at the Congress. Have you had any indications of any political change to be discussed?
James Carter.—Not at all.
Well, I would say that both the leaders who you mentioned and the authorities are familiar with my own opinions on the freedom of travel, of assembly and of expression in Cuba – when I was here nine years ago I addressed the Cuban people on television, on radio, and my words were presented in Granma exactly as I said them, expressing these desires and these recommendations to the Cubans – they know my beliefs that there should be changes, and I repeated them in the press conference.
I am not familiar with the details or aspects of the text that is now being discussed for the Party Congress. They have told me that approximately eight million Cubans participated, giving their opinions. The Minister of Foreign Affairs told me that thousands of amendments to the original text were proposed. It is also being said that more than 65% of the paragraphs have been modified on the basis of the proposals; but I am not familiar with the details.
However, the dissident groups said this morning that many of them have abstained from expressing their concerns about personal freedoms, because they do not want to be associated with the proceedings, because they are not in agreement with its integrity.
Other groups with whom I met this morning have expressed their concern that standard international freedom must be promoted. So I am not familiar with what they are intending to do.


Thank you all very much indeed. 

Mr. James Carter
Former U.S. President Of The United States of America,


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