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'Cuba Is Opening Up.' Reforms Begin as US Tightens Grip

Summary by USA Today
Cuban companies will be able to trade directly with foreign entities, a senior Cuban trade official told USA TODAY in an exclusive interview in Havana.

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'Cuba is opening up.' Reforms begin as US tightens grip

Cuban companies will be able to trade directly with foreign entities, a senior Cuban trade official told USA TODAY in an exclusive interview in Havana.

·New York, United States
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Cuba is expanding autonomy for private businesses and establishing new trade regulations to revive its struggling economy. Cuba is also promoting tourism in South America. The number of small, medium, and micro-enterprises in Cuba has surged, exceeding 15,600. Cuba is implementing measures to promote electronic payments.

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vietnamplus.vn broke the news on Sunday, August 30, 2026.
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