Cuba Block 9 – Exploration Resource Potential
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Cuba - Re-emerging as an investment destination
Policy changes having positive impact
Cuba has implemented an attractive fiscal
regime:
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New Law of Foreign Investment in 2014,
including 8 year profit tax exemption
Cuba reached a deal with "Paris Club" creditor
nations late 2015 - an important step to
normalizing relations with international finance
community
Increasing foreign interest in Cuba including
Australia, with former Trade Minister Andrew
Robb leading first Australian business mission,
including Melbana Energy, to Havana in early
2016
Wider and easier access to internet is a plus for
doing business
US airlines now have direct flights to Cuba
Melbana Energy's Peter Stickland, with
former Australian Trade Minister Andrew
Robb and Cuban Foreign Trade Minister
Rodrigo Malmierca Diaz (February 2016)
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