HAVANA, Nov 15 (Reuters) - Cuba on Tuesday said it had signed 30 foreign investment deals valued at around $400 million this year, more than in 2021 but far short of pre-pandemic levels of at times around $2 billion. Cuba is struggling through its worst economic crisis in decades, and desperately needs foreign investment to help underwrite the purchase of food, medicine, fuel and raw materials needed to jumpstart sputtering output. “We have to banish all that unnecessary bureaucracy and generate new opportunities that are attractive to foreign businessmen,” Marrero said at an investment forum in the capital. Some at the trade fair told Reuters they were willing to bet on Cuba despite the downturn. "Definitely we are not afraid as investors in Cuba, we are already making arrangements and making alliances with a well-established (private) company,” he said.

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