In May 2022, Biden Administration Authorized Direct Investment Into Privately-Owned Companies In Cuba. Today, State Department Publishes "Business Climates" In 160 Countries. Cuba Excluded. Unhelpful.

“The U.S. Department of State’s Investment Climate Statements provide country-specific information on the business climates of more than 1​60 countries and economies. They are prepared by economic officers stationed in embassies and posts around the world and analyze a variety of economies that are or could be markets for U.S. businesses of all sizes.”  

United States Department of State
Washington DC
28 July 2022

2022 Investment Climate Statements

The Department of State released the 2022 Investment Climate Statements today.  The reports help U.S. companies make informed business decisions by providing up-to-date information on the investment climates of more than 160 countries and economies that are current or potential markets for U.S. companies.  The Investment Climate Statements also serve as references for partner governments seeking to mobilize high-quality, sustainable investments to facilitate their economies’ recovery from the pandemic.

Our overseas missions are working to address the barriers to U.S. investment highlighted by the Investment Climate Statements.  The reports cover topics including (but not limited to):  Openness to Investment, Legal and Regulatory Systems, Protection of Real and Intellectual Property Rights, Financial Sector, State-Owned Enterprises, Responsible Business Conduct, Corruption, and Labor Policies and Practices.

The statements also assess how governments uphold international labor standards, combat corruption, implement policies to attract environmentally sustainable foreign direct investment, and encourage companies to practice responsible business conduct.  Readers can access points of contact within each U.S. mission for additional follow-up and consultation.

The Investment Climate Statements also form a chapter of the Department of Commerce’s Country Commercial Guides and can be read together with those guides for a broad description of the investment and business environments in foreign economies.  The Country Commercial Guides can be viewed at https://www.trade.gov/ccg-landing-page and the Investment Climate Statements at https://www.state.gov/investment-climate-statements/.

Global Overview 

The Investment Climate Statements address market conditions, including issues critical to maintaining high standards, such as labor protections, environmental considerations, and responsible business conduct.  Topics include:  Openness to Investment, Legal and Regulatory Systems, Protection of Real and Intellectual Property Rights, Financial Sector, State-Owned Enterprises, Responsible Business Conduct, ​Green Investment and Environmental Policies, and Corruption. 

A welcoming investment climate can help attract high quality, durable investment and support global recovery from the COVID-19 pandemic.  The reports highlight those areas in which countries have improved local investment conditions, as well as remaining barriers that may hinder opportunities for U.S. companies. 

Our diplomatic and consular posts overseas are working with partner countries to address these barriers, creating opportunities for Americans and U.S. businesses at home and around the world.  Transparent and predictable business climates not only attract international investors, they also help spur domestic investment and are key to long-term economic growth and development.

The Investment Climate Statements also form a chapter of the Department of Commerce’s Country Commercial Guides  and can be read together with those guides for a broad description of the investment and business environments in foreign economies. 

The Country Commercial Guide’s are prepared annually for around 140 countries by Commerce’s Global Markets/U.S. & Foreign Commercial Service (GM/US&FCS) and State’s Partner Post Program.  The Country Commercial Guides incorporate input from other U.S. Government agencies. 

Topics include: a market overview; leading sectors for U.S. exports; customs, regulations and standards; techniques for selling U.S. products and services; and business travel. The section on selling U.S. goods and services includes country-specific information on distribution and sales channels, eCommerce, trade financing, selling to the public sector, and other selling techniques. 

The Country Commercial Guides provide the foundation for a U.S. company’s research in preparing international business plans or responding to overseas market opportunities. They are also used by individual U.S. companies that are exporting or planning to export, as well as by trade partners to provide export counseling, trade promotion, and export education. 

LINKS

https://www.state.gov/investment-climate-statements/
https://www.trade.gov/ccg-landing-page

LINKS To MSME Investment And Financing Posts

With U.S. Government Authorization For First Direct Equity Investment Into A Private Company In Cuba, Here Is Important Context And Details. About The Parties; About The Message. May 16, 2022

Biden-Harris Administration Approves First Equity Investment Since 1960 In A Private Cuban Company May 10, 2022

First Cuban-American-Owned Nationally-Chartered Bank In The United States, Now Owned by First American Bank, Handling Cuba Embassy/UN Mission Transactions. They Do Not Want To Talk About It. Jul 21, 2022

The Ketchup Is Out Of The Bottle... Cuba Authorizes Direct Equity Investments (And Direct Financing) To Privately-Owned Companies. Now, Will Cuba Make The Regulations Realistic Or Full Of Barriers? Jul 22, 2022

Slow As Pouring Heinz Ketchup, But Coming: “…the participation of foreign capital in private businesses are also in the process of being defined, where some experiences could soon begin.”  Jul 21, 202

Electric Vehicles Are Useful For Cuba's Entrepreneurs- So Why Won't Biden Administration Authorize Their Export? Investments And Loans Are OK, So Should Be Efficient Vehicles. Jun 30, 2022

EFE Of Spain Reports "SME investment in Cuba a key goal of business forum." Unfortunately, Cuba Media Does Not Highlight SME Focus July 15, 2022 

Cuba Continues To Process Implementation Issues With MSMEs- Important Quickly For Regulations Authorizing Direct Equity Investment And Direct Financing From Abroad June 11, 2022 

Female Cuban Entrepreneurs Expand Their Clothing Company To Spain; Already In U.S.. Members Of U.S. Congress Believe Cuban Entrepreneurs Don't Exist. Regardless, They Are Dangerous. June 02, 2022

Response To A Washington Times Editorial From Those Criticized And On Behalf Of Those Criticized. May 26, 2022

Replying To A Wall Street Journal Editorial From Those Who Were Attacked And On Behalf Of Those Who Were Attacked. May 22, 2022