Cuba has announced new details regarding plans to open key sectors of its state-run economy to private industry. These moves come amid a campaign of maximum pressure from Washington aimed at forcing an economic transformation on the communist-run island.
Lawmakers discussed various economic changes, including the easing of land-use restrictions and the authorization of private tourist companies. Additionally, the government has loosened restrictions to allow private businesses to import foreign goods, fuel, and medications, sectors that were previously firmly controlled by the Communist-led government.
President Miguel Díaz-Canel defended the sweeping package of economic reforms while blaming U.S. sanctions for the deepening economic crisis.