Cuba Says US Sanctions Are Blocking Its Efforts to Open the Economy to Private Investment
- William LeoGrande, a U.S.-Cuba relations expert, stated the United States has done everything possible to prevent foreign investors in Cuba and that calls for Cuba to open up to foreign investment are disingenuous without sanctions relief.
- The Trump administration aimed not only to open Cuba economically but also to overthrow its government and change its political system.
- Cuban President Miguel Díaz-Canel announced economic reforms allowing expansion of private businesses, imports and exports without state control, private banking, and investment by Cubans abroad.
- Experts said U.S. sanctions and resulting shortages, including electricity and fuel, are major obstacles hindering Cuba's economic reforms, impacting investment and tourism.
19 Articles
19 Articles
Associated Press News
Cuba says US sanctions are blocking its efforts to open the economy to private investment
The United States has demanded that Cuba open up to private investment, and Cuba has passed sweeping reforms to encourage just that.
Reforma
eldiariodechihuahua.mxThe Cuban Council of State approved four decrees to reform companies, contracts, customs and security in the face of the economic crisis.
The regulations improve business autonomy, road safety, state tendering processes and customs regulations.
Havana, Aug 20 (Prensa Latina) Cuba's Council of State passed four new laws that update the legal framework of the national economy and consolidate citizen participation through the Mi Barrio por la Patria program, Cubadebate reported today. The post Council of State of Cuba approves four decrees laws first appeared on Noticias Prensa Latina.
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