Cuba approves law aimed at attracting foreign investment


  • World
  • Sunday, 30 Mar 2014

HAVANA (Reuters) - Cuba's National Assembly passed a new foreign investment law on Saturday that aims to bring badly needed capital to the communist economy by offering steep tax cuts and promising a climate of investment security.

The assembly voted in a special session to approve the law, state television reported without providing a vote tally. It will become valid within 90 days.

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