Trade and Foreign Investment in Cuba: Opportunities and Pitfalls
Late last year, Cuba’s Ministry of Foreign Trade and Investment (MINCEX) released the list of its latest projects open to foreign participation. The 297-page compilation which is entitled “Portfolio of Opportunities for Foreign Investment” for 2016-2017 offers an impressive number of business opportunities, which is insofar the highest since 2014. The step, which is viewed as one of the country's strategies to boost its slow-paced foreign investment, caters varied business ventures and opportunities including but not limited to healthcare, tourism, transportation, mining and agriculture.
In this LIVE Webcast, a remarkable professional will discuss the significant and latest issues revolving on the Trade and Foreign Investment in Cuba. The speaker, among other things, will delve into the current conditions of Cuba's trade policies and strategies, including the opportunities and pitfalls of its plans, the implications of its legal framework and other important matters.
Some of the major topics that will be covered in this course are:
- Overview of Cuba's Foreign Trade and Investment Laws
- Cuban Trade Policies and Strategies
- Latest News and Updates
- Implications of Cuba’s Legal Structure on Trade and Foreign Investment
- Current Conditions of Foreign Business Ventures
- Opportunities and Pitfalls
U.S. Department of Commerce's Bureau of Industry and Security
- BIS Implementation of the National Security Presidential Memorandum on Cuba
- Exports to the Cuban Private Sector
Gowling WLG (Canada) LLP
- Difficulties and challenges of doing business in Cuba.
- Myths regarding doing business in Cuba.
- Opportunities for commerce and investment in Cuba.
- Necessary strategies on the ground to present, negotiate and develop an export or investment regarding Cuba.
Who Should Attend:
- Multinational Companies
- Foreign Investors
- International Trade Counsel
- International Trade Specialists
- International Contract Managers
- Trade Compliance Administrators and Managers
- Private Companies
- Other Interested and Related Professionals
Matthew S. Borman currently serves as the Deputy Assistant Secretary of Commerce for Export Administration. In this position‚ Mr. Borman is responsible for implementing the Bureau of Industry and Security's (BIS) controls on the export of dual-use and military items for national security‚ foreign policy‚ nonproliferation‚ and short supply reasons. In addition‚ he oversees BIS's programs to ensure that industrial resources are available to meet national and economic security requirements‚ BIS's implementation of the Chemical Weapons Convention‚ and BIS's implementation of the Additional Protocol to the US-IAEA Agreement. Prior to his appointment as Deputy Assistant Secretary‚ Mr. Borman served as Acting Chief of the Enforcement and Litigation Division of the Office of Chief Counsel for Export Administration.
As division chief‚ he was responsible for providing legal advice to the Export Enforcement unit of BIS‚ including the adjudication of administrative enforcement actions. Mr. Borman entered the Commerce Department in 1992 as an attorney in the Office of Chief Counsel for Export Administration. As an attorney in that office‚ Mr. Borman was responsible for a variety of matters‚ including attempts to revise the Export Administration Act‚ Congressional‚ General Accounting Office and Office of Inspector General investigations and studies‚ Freedom of Information Act requests‚ and export control cooperation with other countries. Mr. Borman received his B.A. in History from Northwestern University‚ his M.A. from Northeastern University‚ and his J.D. from New York University School of Law.
Matthew S. Borman currently serves as the Deputy Assistant Secretary of Commerce for Export Administration. In this position‚ Mr. Borman …
Gregory Biniowsky is a Canadian lawyer and political scientist who has been living and working in Cuba for the past 20 years.
Presently, Gregory is the Havana-based business consultant for Gowling WLG. He has experience in providing strategic advice to companies assessing potential ventures in Cuba, assisting clients in navigating the complexities of the Cuban legal, political and economic systems, and has assisted in the negotiation of investment projects in Cuba on behalf of foreign investors.
Gregory's professional work in Cuba has also included working as a consultant for Canadian and European business ventures, a consultant for the United Nations development program in Cuba, a consultant overseeing development funds of the Canadian International Development Agency, and as a locally based consultant for the Canadian Embassy in Havana.
Gregory Biniowsky is a Canadian lawyer and political scientist who has been living and working in Cuba for the past …
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Method of Presentation:
Experience in international trade law
NY Category of CLE Credit:
Areas of Professional Practice
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About U.S. Department of Commerce's Bureau of Industry and Security
The mission of the Bureau of Industry and Security (BIS) is to advance U.S. national security, foreign policy, and economic objectives by ensuring an effective export control and treaty compliance system and promoting continued U.S. strategic technology leadership. BIS controls the export of items (i.e., commodities, software, and technology) that can be used to develop or enhance: conventional weapons; weapons of mass destruction (nuclear, chemical and biological) or the missiles used to deliver those weapons; less sensitive military items; and items that can be used to abuse human rights. BIS implements the Export Administration Regulations to ensure that such exports are prevented or approved only to reliable foreign end users who have been thoroughly evaluated in a comprehensive interagency process by a highly trained cadre of analysts.
About Gowling WLG (Canada) LLP
Gowling WLG is an international law firm created by the combination of Gowlings, a leading Canadian law firm, and Wragge Lawrence Graham & Co (WLG), a leading U.K.-based international law firm.
With more than 1,400 legal professionals in 19 cities across Canada, the U.K., Continental Europe, the Middle East and Asia, Gowling WLG provides clients with top-tier legal advice at home and abroad in a range of areas.
Our clients have access to in-depth expertise and experience in key global sectors, including advanced manufacturing, energy, financial services, infrastructure, life sciences, natural resources, real estate and tech.
We see the world through our clients’ eyes, and collaborate across countries, offices, service areas and sectors to help them succeed — no matter how challenging the circumstances. Our culture is, above all, about people and teams, based on our belief in the power of relationships to deliver tangible business results.
Learn more at gowlingwlg.com