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Cuba Says US Sanctions Are Holding Back Its Opening to Private Business

Summary by The Rio Times
Cuba’s deputy foreign minister Carlos Fernández de Cossío told Bloomberg that US sanctions are holding back Havana’s 176-measure market opening, and that easing pressure would make it “truly irreversible”. Washington says no one will invest under Cuba’s current model.

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Carlos Fernández de Cossío, Vice-Chancellor of Cuba, declared that there will be no real progress in communications with the United States, as long as sanctions persist

Cuban Deputy Foreign Minister Carlos Fernández de Cossío confirmed to Bloomberg Podcast that Cuba and the United States maintain communications and have held meetings, although he said that Havana does not appreciate progress as long as Washington continues to impose new sanctions. The post Fernández de Cossío: “If the U.S. reduces pressure, transformations in Cuba can go very far” (+Video) first appeared on Cubadebate.

Fernández de Cossío blames the #US sanctions on the obstacles to economic opening delayed for decades, while #ManuelMarrero boasts 158 measures have legal backing.

Cuban Vice Minister Fernández de Cossío states in Bloomberg Television that the US sanctions block reforms on the island and slow down any progress in the negotiations.La entrada Sanctions USA Cuba: Havana admits that they slow its reforms in the midst of energy crisis aparece primero en Merca2.

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The Rio Times broke the news on Sunday, September 27, 2026.
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