Let there be light Sixth Part Extraordinary 81

The Castros continue their improvised experiments, and due to the unsustainable situation in Venezuela, the National Assembly of People's Power has recently adopted unanimously, as all Castros' lurches in Cuba, the Foreign Investment Law. The Cuban regime has designed the law to its will to face the implementation of international capital and its political implications and social consequences. Therefore, there will be no free workforce hiring, but the figure of the employing agency will remain; ensuring full deployment of its intelligence forces and the operation controlling of companies with potential purposes of blackmail and extortion. Its regulatory framework provides for the intervention of the National Courts of Cuba (Controlled by the Castros) in resolving conflicts. In addition, they have limited activities to be promoted, to the development of industrial infrastructure, power generation and agricultural production; excluding the areas of health and education (as it would be to accept their current deterioration); the armed forces and the media (fully controlled by the Castros, and at their service). And then, they also have in favor the case by case evaluation of projects, that they will approve at their convenience and for the concessions made by investors. And What guarantees will investors have on their part? None. In addition to confronting the real political, economic and social instability prevailing in Cuba and its main partner, Venezuela; they will have to defy the sanctions established by the Torricelli and Helms Burton law, and risk making dubious and uncertain business with the number ONE enemy of capitalism, and economic laws; that although they unavoidably accepted them, the practice so far has shown its disrespect for private property, contracts and covenants, debts, profits, work and services quality and information transparency. One thing investors can be sure of; everyone of them will have an open investigation record, with their communications and their lives spied unscrupulously by the organs of the Cuban State Security. Remember that the Cuban regime knows the socio-political risks aspects of foreign investment on the island, and therefore they have conceived operation at their convenience to confront and combat it. Anyway, Is it worth the investment? The answer is NO. Supporting the Castros' decadent regime, in the present socio-political-economic juncture is a bad deal, that sooner or later is bound to fail, like so many other plans undertaken by these dictators throughout their 55 years of bitter history. To be Continued ...