Quote of the Day: On Cuba's "New" Foreign Investment Law

Friday, March 28, 2014
What they've announced they'd do, does it sound progressive? Yes. Does it have the potential to be progressive? Yes. But Cuba's had a foreign investment law since the 1980s. And one of the problems has been that when the government feels that they've made enough progress, they reverse course and try to take back or eliminate the opportunities that they've presented to companies. Any changes announced now have to be looked at in that historical context.
-- John Kavulich, a senior policy advisor at the U.S.-Cuba Trade and Economic Council, CNBC, 3/28/14