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Jurists urge in increasing efficiency in negotiations

The 11th International Meeting on Foreign Trade and Investment which concluded on Friday at the Habana Libre Hotel reflects on the reality of its time and expressed the concerns of the jurists in making negotiating management more efficient, said a Cuban expert.


14 de octubre de 2017 - Taken from the ACN

The 11th International Meeting on Foreign Trade and Investment which concluded on Friday at the Habana Libre Hotel reflects on the reality of its time and expressed the concerns of the jurists in making negotiating management more efficient, said a Cuban expert.

In an exclusive interview with ACN, Narciso Cobo Roura, Vice President of the Cuban Court of International Trade Arbitration believes that foreign investment has become a priority after its application of the Economic and Social Guidelines approved by the 6th Communist Party Congress.

This, he said, demands the Ministry of Foreign Trade and Investment to become more efficient and forces them to improve the negotiation mechanisms with foreign investors.

Cobo Roura, also Professor of the University of Havana said that the participants analyzed the main problems in the field and the concerns of those that participate in the process.

This is the moment to examine and debate on any doubts the jurists might have in face of new changes in the regulatory framework of the Foreign Trade and Investment itself.

Regarding to the performance of the Cuban Arbitrary Court, Cobo Roura said that the entity is going through an excellent moment and advance in the solutions of cases.

However, he recognized that it is inevitable for the foreign investor to reject our Courts and that is why it is important to maintain the negotiating capacity and achieve favorable agreements for the conflicting parts.

The 11th International Foreign Trade and Investment, which ended on Friday at the Habana Libre Hotel, had the participation of 250 jurists from the country and several nations.


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