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Cuban official: Island open to Cuban Americans investing, strengthening ties with Cuba Bianca Padró Ocasio, Miami Herald © YAMIL LAGE/AFP/AFP/TNS People wearing face masks as a precautionary measure against the spread of the novel coronavirus, COVID-19, queue to buy food in Havana, Cuba on March 22, 2021. Cuba s Ministry of Foreign Trade and Foreign Investment is opening the door to Cuban Americans who want to participate in foreign investment projects as the island tries to jump-start its beleaguered economy and encourage Washington to loosen sanctions. Katia Alonso, the ministry s director of foreign capital investments, told the Miami Herald by email in response to a list of questions that Cuba won t reject potential business bids from Cuban Americans based on the sole fact that they live in the U.S. something she said the law has never prohibited, though in the past exile entrepreneurs haven t always been welcomed either.

United statesCiudad de la habanaCarmelo mesa lagoRichard feinbergSaul berenthalKatia alonsoFidel castroMesa lagoRicardo herreroUniversity of californiaUniversity of pittsburghCuba ministry of foreignCuba study groupMiami heraldForeign tradeForeign investment