Major free-market reforms take effect in Cuba
Business
Finance
Politics
September 3, 2026
Share this article
Click to view full size
HAVANA, Cuba (AFP) — Foreigners can now invest in Cuban real estate and domestic companies can import and export without government intermediaries under reforms implemented this week aimed at ending a severe economic crisis.
The free-market reforms had been unveiled in June by Cuba’s communist leadership as the island teetered on the brink of collapse after five months of a United States (US) fuel blockade.
Under immense pressure from Washington, Havana announced 176 measures throwing the island open to private investment in everything from banking to tourism and agriculture.
Business
Finance
Politics
Need the bigger picture?
Share this article
Comments (0)
Download our mobile app
The portable companion to gazettE. Get notifications, track read articles, and more. The latest news from Trinidad and Tobago, in one place.
