1-Hour Program

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Overview

With the December 17, 2014 announcement by the White House and the subsequent changes to the regulations codifying the U.S. embargo with the Cuban government, interest in Cuba as a market has intensified.  Businesses seeking to enter the Cuban market, however, must gauge the risk and rewards of such a strategy.  In doing so, they must not only evaluate what is currently permitted under the U.S. regulations but what is allowed and advisable under the Cuban system.  Beginning in 2014, the Cuban government has begun the process of improving and simplifying investor approvals and protections within the country.  This session will provide a brief overview of the intersection between U.S. law and the Cuban system.   

Please join Gustavo J. Membiela and Uriel A. Mendieta of Hunton & Williams LLP (Miami) as they discuss the following: 

  • A brief update on the status of the U.S. embargo towards Cuba
  • An overview of the Cuban Investment Act of 2014 and the Mariel Economic Zone
  • Recent developments including Cuba’s menu of foreign direct investment opportunities and the effect of removal from the State Sponsors of Terrorism list
  • Practical steps in the near term if your company has an interest in the market

Credit Details