HAVANA (Reuters) - Cuba has declared itself open for business with a new foreign investment law but faces deep scepticism given a history that includes jailing foreign executives and attempting to seize greater control of businesses once they prove successful.
The National Assembly unanimously passed a law on Saturday that embraces foreign capital as crucial to Cuba's development, while disappointing those who had hoped for even more changes, such as allowing foreign ventures to hire Cuban labour freely instead of through the government.