By Nelson Acosta

HAVANA (Reuters) -Cuba is considering a raft of measures to attract foreign investment by creating a “simpler, more agile and more transparent” business climate, a minister said on Tuesday, as the island nation faces a severe economic crisis.

Minister of Foreign Investment Oscar Pérez-Oliva Fraga said at a forum outside Havana that the communist-run government would allow investors to operate and pay employees in dollars, directly hire them, and buy real estate.

Foreign businesses would be allowed to import their own fuel when necessary, and red tape and wait times would be slashed on government authorizations, the minister said.

The measures, if written into law and implemented, would mark a continued drift away from the tightly controlled investment regime styled aft

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