AI News
  • Home
No Result
View All Result
SAVED POSTS
AI News
  • Home
No Result
View All Result
AI News
No Result
View All Result
Gas stations, pharmacies, ports… Cuba opens many sectors to the private sector

Gas stations, pharmacies, ports… Cuba opens many sectors to the private sector

admintyu57r46ytey by admintyu57r46ytey
July 29, 2026
in World
0
585
SHARES
3.3k
VIEWS
Summarize with ChatGPTShare to Facebook

Gas stations, pharmacies, port facilities, waste management, renewable energies, tourism…: Cuba, in the grip of a severe economic crisis and put under pressure by Washington, announced on Wednesday the opening of numerous sectors of its economy to private actors.

• Also read: Cuba’s president accuses the United States of wanting to “appropriate” the island

• Also read: Spanish hotel chains Melia and Iberostar cease operations in Cuba

Cuba is thus drastically reducing the number of activities prohibited to private companies, a few weeks after the approval by Parliament of a package of 176 measures in favor of opening to the market economy.

The new regulations “considerably broaden the scope of action of entrepreneurs and private companies on the island,” state media reported, relaying the new regulations issued by decree.

Distribution of gasoline, pharmaceutical and optical services, retirement homes, passenger and freight terminals, port facilities, vehicle imports, renewable energies, management of certain tourist and sports infrastructures, oil and mining exploitation under conditions, production of renewable energies: entire sectors of the economy are now open to the private sector.

In the field of health, care remains a “state responsibility” and “medical activity (…) continues to be guaranteed to the Cuban population with free hospital services,” the authorities said.

Education also remains the prerogative of the public sector, with a timid opening for the childcare, language courses and academic support sectors.

Health and free education are two pillars of the revolution led by Fidel Castro in 1959, even if the economic crisis has considerably deteriorated, in recent years, the basic services intended for the population.

Other sectors that remain in state hands: tobacco and cigar production, a major export product for the island, media, telecommunications, security sectors and strategic areas of defense.

Acceleration and decentralization

On June 18, Parliament approved a long list of 176 measures providing for opening almost all sectors of activity to private actors, notably agriculture and banks.

These announcements in favor of the market economy mark a historic shift for the communist island and its centralized socialist economy, which is in the grip of a deep crisis and has been under pressure for months by Washington.

They come as US President Donald Trump applies a policy of maximum pressure on the island of 9.4 million inhabitants, which has been subject to an oil blockade for almost five months.

The blockade pushed the Cuban economy, under embargo since 1962, to the brink of collapse, causing widespread power outages, as well as shortages of food, fuel, drinking water and medicine.

When announcing the new measures, the government also assured that it would accelerate and decentralize the approval of the creation of small and medium-sized businesses, authorized since 2021.

According to authorities on Wednesday, there are now more than 15,000, a figure that shows a recent acceleration in the approval process in recent weeks. They will also be able to employ more than 100 people.

They have continued to gain ground in the economic fabric. They represented more than half of retail trade in 2025 and now employ more than a third of the working population.

On Wednesday, the National Assembly of People’s Power, meeting in ordinary session, must also examine several bills concerning agriculture, housing, reorganization of the administration and labor legislation.

In agricultural matters, state ownership of land must be retained, but usufruct conditions should be considerably expanded for farmers, cooperatives, private companies, whether national or foreign.

Concerning housing, Cubans will be able to own two houses in the city (compared to one currently) and one in the countryside. The mortgage will also be authorized.

SummarizeShare234
admintyu57r46ytey

admintyu57r46ytey

Related Stories

Restricted access – Le Monde

Restricted access – Le Monde

by admintyu57r46ytey
July 30, 2026
0

If you are an authorized partner, subscribed to Le Monde, or if you wish to obtain authorization to access this content, please contact: licensinggroupelemonde.fr by attaching a copy...

At the Jazz in Marciac festival, Anne Paceo examines the ocean, Diana Krall probes love

At the Jazz in Marciac festival, Anne Paceo examines the ocean, Diana Krall probes love

by admintyu57r46ytey
July 30, 2026
0

The sea and love. Two worlds, two musical registers which followed one another on Wednesday evening on the stage of the Jazz In Marciac festival, in Gers. Depth...

Consumer deception: misuse of AOP and PGI highlighted by Fraud Repression

Consumer deception: misuse of AOP and PGI highlighted by Fraud Repression

by admintyu57r46ytey
July 30, 2026
0

Fraud Repression warned on Thursday July 30 about the misuse and even deception of AOP and PGI geographical indications at different stages of the food chain, from the...

In Cyprus, the UN relaunches negotiations between Greeks and Turks, but reunification is slipping away

In Cyprus, the UN relaunches negotiations between Greeks and Turks, but reunification is slipping away

by admintyu57r46ytey
July 30, 2026
0

It's not for lack of trying. After two days of meetings in Cyprus, on Tuesday July 28 and Wednesday July 29, with officials from the Republic of Cyprus,...

Next Post
The US Federal Reserve keeps its rates unchanged, between 3.50% and 3.75%

The US Federal Reserve keeps its rates unchanged, between 3.50% and 3.75%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Paudal

Get the latest mobile and technology news and updates from around the world on Paudal Stay updated with news on computers, apps, games, gadgets, smartphones, and other personal technology trends.

Recent Posts

  • Restricted access – Le Monde
  • At the Jazz in Marciac festival, Anne Paceo examines the ocean, Diana Krall probes love
  • Consumer deception: misuse of AOP and PGI highlighted by Fraud Repression

Categories

  • Entertainment
  • World

Weekly Newsletter

  • Cookie Policy
  • Disclaimer
  • DMCA / Copyright Policy
  • Home
  • Privacy Policy
  • Terms and Conditions

© Paudal 2026. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Powered by
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
►
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None
Powered by
No Result
View All Result
  • Home

© Paudal 2026. All Rights Reserved.