Cuba
Regulatory Risk Rating
Severe
Regulatory Risk
Regulatory Risk
Regulatory Corruption Risk
Very High
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Very High
Corruption Exposure Risk
Corruption Exposure Risk
Regulatory Risk Rating Factors | Risk Level |
---|---|
1st Come / 1st Serve | Subscribe |
Application Criteria | Subscribe |
Duration | Subscribe |
Right to Renew | Subscribe |
Competing Licences | Subscribe |
Mineral Coverage | Subscribe |
Right to Mine | Subscribe |
Criteria for Mining Rights | Subscribe |
Tenure | Subscribe |
Surface Rights | Subscribe |
Government Take | Subscribe |
Transfer Rights | Subscribe |
Change of Control | Subscribe |
EIA Process | Subscribe |
Power to Revoke | Subscribe |
Age of Legislation | Subscribe |
Other Factors | Subscribe |
In recent years the Cuban government has sought to revive and strengthen its mining industry - making a push for foreign investment. In order to truly realise this goal the government ought to make amendments to the existing legal framework which currently allows for discretionary decision making on the part of government to pose a substantial risk to the foreign operator. A handful of amendments, largely focused around the right to mine and security of tenure, would significantly improve Cuba's current regulatory risk and would set the country on the right course for the revitalisation of this key economic sector.
Contents
Regulatory Risk Rating
Severe
Regulatory Risk
Regulatory Risk
Regulatory Corruption Risk
Very High
Regulatory Corruption Risk
Regulatory Corruption Risk
Corruption Exposure Risk
Very High
Corruption Exposure Risk
Corruption Exposure Risk