State of the Union: Five key takeaways from Ursula Von der Leyen
17 September 2020
Key points from von der Leyen's state of the union speech [caption id="attachment_14822" align="alignnone" width="640"]...
GRTU President gave an introduction of
how GRTU works and he proposed the signing of an MOU between the two businesses
representatives in both countries, which would further facilitate business. The
Cuban representatives said that the opportunities in Cuba are many especially
now that the country is in time of transitional, and this is the ideal time for
businesses seeking to do business with Cuba.
The Cuban representatives said that the
biggest sector in Cuba and the one that holds most opportunity is tourism. They
want to open the definition of tourism in Cuba in all its complexity, meaning
not only sea and sun but also music, culture, architecture, the people and as a
very secure destination. Foreign businesses having an interest to target
tourism will surely find opportunities and support. Cuba is also very
interested to export cultural and medical services.
The Cuba Investment Law provides
guidelines on the way investments are permissible. There are a number of
options for a business owner to invest however these are mainly based on joint
ventures with Cuban partners and in any case require the approval from the
Cuban Ministry of Foreign Investment.
A Maltese mission to Cuba is being
planned sometime next year. More information will follow together with additional
opportunities available in Cuba.
The Embassy in Rome also deals with
diplomatic issues between Malta and Cuba and the Visa system is simple but
would require for the passport to be sent to Rome and returned in a week and 30
days for the visa to be issued.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).