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Saturday, June 09, 2001, updated at 16:16(GMT+8)
World  

Cuba Welcomes US Investment: Congress President

If the US government lifts the economic blockade against Cuba, American businessmen "will be treated fairly" in Cuba, President of the Cuban Congress Ricardo Alarcon said on Friday.

The Cuban Congress leader made the remarks during his meeting with some 40 representatives of U.S. companies in the construction, transportation, communication, and chemical-pharmaceutical sectors, who were attending the fifth Cuban-U.S. Business Meeting, which ended on Friday in Havana.

Alarcon stressed that Cuba's investment and trade laws "do not exclude any nationality."

"Their (U.S.) law is the one refraining them from carrying out business in Cuba," said Alarcon, referring to the economic embargo Washington unilaterally imposed on the Caribbean country over 40 years ago.

When the blockade is lifted some day, U.S. entrepreneurs will be treated the same way as businessmen from other countries, the top legislator said.

"Eliminating the blockade would mean to bring persecution to an

end," he said.

The four-day meeting was sponsored by the Italian investment and financial services firm Cristobal, the Investment Promotion Center of the Cuban Foreign Investment and Economic Cooperation Ministry, and the U.S. consultant firm Alamar Associates.







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If the US government lifts the economic blockade against Cuba, American businessmen "will be treated fairly" in Cuba, President of the Cuban Congress Ricardo Alarcon said on Friday.

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