Millennium Challenge Corporation’s Post

🇨🇺 On May 17 and 18, the Centro Abogados de Atocha in Madrid hosted a meeting between Cuban authorities and over 120 Cuban residents in Europe to strengthen ties with the diaspora. Ana Teresita González, director of DACCRE, emphasized the need for more Cubans abroad to actively engage with their homeland. "We aspire for more Cubans to have a normal relationship with their country every day," González stated. 🇨🇺 The meeting focused on the diaspora's participation in the Cuban economy, highlighting the importance of agro-industry and investment in renewable energy. Cuba's Portfolio of Opportunities includes 728 projects in these key sectors. Cubans abroad can invest through international economic association contracts, joint ventures, and wholly foreign-owned enterprises without needing to reside on the island. 🇨🇺 The Foreign Investment Law, adapted to facilitate diaspora investment, allows Cubans to participate on equal terms with other foreign investors. González stressed that investment in technology and financing is crucial to revitalize Cuban industries and that collaboration from Cubans abroad is essential to overcome the economic crisis and move towards a more sustainable and prosperous future.

The Royal Atlantic Initiative, led by the Moroccan government with international support, seeks to boost economic growth, enhance regional cooperation, and foster sustainable development across Atlantic Africa.    Through substantial investments in infrastructure, technological advancements, and progressive policy changes, the initiative aims to overhaul the region, enhance living standards, and establish a conducive environment for foreign investment.   The Royal Atlantic Initiative aims to stimulate economic growth in Atlantic Africa, strengthen regional ties, and promote sustainable development through substantial investments in infrastructure, trade, and innovation. 

Five Caribbean countries have agreed to increase the minimum investment threshold to $200,000 United States Dollars for their respective citizenship by investment programme. From July 2024, the investment amount for the citizenship programs in Grenada, Dominica, Antigua & Barbuda and Saint Kitts & Nevis is set to increase to $200,000 United States Dollars.

https://lnkd.in/gqvFVWem The #energytransition is on its way in the #Philippines and the laws are being amended to be more FDI-friendly! Asian Insiders #marketentry French Chamber of Commerce and Industry in the Philippines NordCham Philippines

#BUSINESSENVIRONMENT // Yesterday, members of the American Chamber of Commerce in Lithuania's Business Environment Committee met with Mr. Jose W. Fernandez, U.S. Department of State's Under Secretary for Economic Growth, Energy, and the Environment. 🇺🇸 📈 The meeting focused on reinforcing strategic opportunities for American companies to strengthen economic partnerships with Lithuania. Committee members also presented #Lithuania's business environment and shared insights about the #investment climate in the country. #AmChamLT #AmChamLithuania #US #Economy

[EN] Colombia | Highlights from President Lula's State Visit Brazilian President Lula concluded a highly significant state visit to Colombia, marking substantial discussions on trade, environmental cooperation, and regional integration. Prospectiva's directors, Mario Daniel Gómez Villegas (Colombia) and Bárbara Mendonça (Brazil), had the privilege of attending the Colombia-Brazil Business Forum in Bogotá on April 17th, where these pivotal talks took place. Key Outcomes from the Visit: Bilateral Agreements 🤝: The visit saw the signing of seven key cooperation agreements, enhancing sectors like tourism and research. Business Forum Insights 🏭: Both President Lula and Colombian President Gustavo Petro participated, focusing on boosting trade relations and advancing sustainable development initiatives. Strategic Initiatives Discussed: Sustainability and Trade 🍃💼: There was a strong emphasis on diversifying trade links and fostering sustainable projects, including the production of green hydrogen. Infrastructure Development 🌉: The leaders discussed significant infrastructure projects aimed at improving connectivity between our two nations. Regional Impact and Discussions: Venezuela and Haiti 🌎: The talks also ventured into supporting democratic processes in Venezuela and seeking peaceful resolutions for Haiti. This visit undoubtedly strengthens the bilateral ties between Brazil and Colombia, setting a robust foundation for future cooperation and regional stability. #LulaInColombia #LatinAmerica #SustainableDevelopment #TradeRelations #EnvironmentalCooperation

St Lucia has signed a Memorandum of Agreement. The Eastern Caribbean States Organisation OECS has published the document. In March 2024, the memorandum was signed by the prime ministers of Antigua and Barbuda, Dominica, St Kitts and Nevis, and Grenada: https://lnkd.in/d6VmdH_X From July 1st, 2024, the minimum investment will be $200,000. This threshold will apply across all countries with state citizenship by investment programs. According to the agreement, all five countries, including Saint Kitts and Nevis, will set a minimum threshold of $200,000. None of the investment options should fall below this threshold. For one more week, until the agreement takes effect, the investment thresholds will remain as follows: 🇦🇬 Antigua and Barbuda — $100,000; 🇩🇲 Dominica — $100,000; 🇱🇨 St Lucia — $100,000; 🇬🇩 Grenada — $150,000; 🇰🇳 St Kitts and Nevis — $250,000. In addition to raising investment requirements, all Caribbean countries will tighten the Due Diligence checks rules. Each state is also entitled to develop its own rules for investors under the agreement. You can ask questions about obtaining a second passport and find the best solution for your needs at a meeting with the Immigrant Invest experts: https://lnkd.in/dNdy2gmb #Caribbean #StLucia #Citizenship #CitizenshipByInvestment #passport #Investment #expatlife #ImmigrantInvest #CreatingCosmopolitans

🤩 At the beginning of this year, our country took an important step in strengthening its international image by entering the prestigious Global Soft Power Index published by Brand Finance, which provides valuable data on how the country is perceived internationally. Placing the Republic of Moldova in 118th place in this study is an important step for the country's positioning internationally, offering new prospects for developing the national image and increasing its influence in international relations. 🎯 The topic was also on the agenda of Moldova Business Week, where the Deputy Director of the Invest Moldova Agency, Irina Tolstousov, discussed with international experts from Brand Finance, David Haigh and Konrad Jagodzinski about the power of soft power in promoting the country's image and attracting investment. Find out what makes Moldova attractive in the video below!

The Bureau of Investment Programs is working in Chisinau on the Ukrainian export development program ☝️ This joint Ukrainian-Moldovan program on agro-food enterprises is implemented with the assistance of the German Ministry of Economy. ▫️According to the managing partner of BIP Oleksandr Bondarenko the meetings within the framework of the visit to Moldova will contribute to attracting new residents to NOVO industrial parks and new investments in the Ukrainian economy.

Cambodian Prime Minister Hun Manet and World Lin Chamber of Commerce President Tan Sri Dato’ Lim Soon Peng held a significant meeting at the Peace Palace on May 28, focusing on enhancing economic partnership and investment opportunities between the two countries. The meeting highlighted Cambodia's commitment to deepening its engagement with international trade and commerce communities, with the WLCC's global network of business leaders and entrepreneurs being a significant factor in bolstering economic collaboration across borders. The central themes of the discussion included promoting bilateral trade agreements and identifying sectors within Cambodia that could benefit from enhanced international cooperation and investment. The meeting also highlighted the importance of cultural exchange and strengthening people-to-people ties between Cambodia and the countries represented by the WLCC membership. The initial dialogue set a positive tone for the development of stronger international economic relationships. To read more, visit- https://lnkd.in/ggqNywF7 #CambodiaWLCC #EconomicPartnership #InternationalTrade #InvestmentOpportunities #CulturalExchange #TheBetterCambodia #Cambodia