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Organizaciones Rectoras de Normalización

  • Establishment of overseas joint venture companies. Cuban entities would contribute the required technology.

  • Granting licenses  for overseas marketing of products. Accordingly, royalties are to be paid.

  • Establishment of International Economic Associations to  jointly develop new products.  In such a case, foreign partners are required to put in financing to complete the development of products, as well as to cover clinical trial and registration  expenses.  Access to leading markets, as well as shortening of the R&D and marketing cycle is also sought after. 

INVESTMENT POTENTIALITY FOR CUBAN ENTERPRISES ABROAD - 2004

Promotion of:

  • Creation of joint ventures abroad with their production based on technology contributed by Cuban entities.

  • Granting of licenses for marketing abroad, with due collection of royalties on sales.

  • Creation of international economic associations for joint development of new products. In this case, the requested contribution from a foreign partner is his support in order to complete the product’s development, to afford clinic essays and registering processes abroad, as well as access to leading markets, reducing the time between the stage of research and development, and marketing of the product.

 

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