Cuban Parliament today passed a new Foreign Investment Law to allow access to foreign capital, technologies and new markets as well as insert national products and services in the international market. The legislation, approved with the unanimous vote of the Cuban deputies, also seeks to yields positive effects in the domestic industry for national economic growth. Cuba Encourages Foreign Investment »

The National People’s Assembly elected this Saturday two new members of the Council of State of Cuba, the legislative body representing the island between the two sessions.»

Cuba needs a direct foreign investment of about US$ 2.5 billion year to fund its socialist, prosperous, and sustainable socio-economic model, said Vice President of the Council of Ministers, Marino Murillo, this Saturday. Murillo made his statement at the special session of Parliament, attended by Cuban President Raul Castro, in which the draft bill on foreign investment was brought into »

Cuba condemned before the UN General Assembly the intervention of the United States and NATO in Ukrainian internal affaire, a stand described as a threat to world peace and security.»

President Raul Castro bestowed the Order of Jose Marti upon Vietnamese Prime Minister Nguyen Tan Dung, who concludes an official visit to this country.»

Cuban legislators are meeting today, first in commissions and later in plenary session, to complete preparation for the final discussion on the project of a new Foreign Investment Law.»

From this Thursday until March 30th, the National Amateur Theater Festival Olga Alonso, honoring the renowned art instructor, takes place in the mountain region of Fomento, in the Cuban central territory of Sancti Spiritus.»

Don Florencio Hostel, currently being built in Sancti Spiritus on occasion of the village’s 500th anniversary, will be the fourth Encanto chain hotel in this central Cuban territory.»

The United States and the European Union (EU) confirmed their total complicity, trying to isolate Russia.»

The first match in the quarter-finals of the World Series of Boxing (WSB) between the Wranglers of Cuba and the USA Knockouts team has been postponed to April 11, U.S. organizers said today.»