Cuba and the Complete Turn Towards Capitalism
8 Articles
8 Articles
New official guidelines in Cuba also give space to small and medium-sized private companies in other sectors of industry and commerce. The post Cuba opens up to private investment in oil and gas, certain conditions apply appeared first on El Nacional.
As of August, the Cuban dictatorship will allow the extraction of oil and natural gas to domestic and foreign private companies, albeit subject to conditions, while it will authorize large mining only "through economic association and foreign investment." On Tuesday, the Official Gazette of the Republic includes a decree of the Council of Ministers that reorders the economic activities allowed for each type of actor (state enterprises, small Cub…
Oscar Figueredo Reinaldo Cubadebate In line with the economic and social transformations approved by the National Assembly, The measure, which includes the repeal of Decree 107 and the implementation of a new framework...
Cuba announces Decree 160, which eliminates prohibitions on 46 activities for the private sector and makes 35 more flexible, in force since August 4.
The updating of the regulatory framework governing activities not authorized to be carried out by micro, small and medium-sized enterprises (MSMEs) and other private companies, as well as non-agricultural cooperatives and self-employed workers, was published on Tuesday in the Official Gazette and announced at a press conference. Via [...]
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