Business

The Cuban government will allow small private businesses to operate in most fields, eliminating its limited list of activities.

U.S. President Joe Biden had yet to make any announcements about his policy on Cuba but experts said that although there will be changes on the old administration’s approach, the supporters of the U.S. embargo should not fret.

The World Bank said that it expects an economic expansion of 3.7% in Latin America and the Caribbean this year, improving on its previous forecast of 2.8% growth for the region, which has been hit hard by the coronavirus pandemic.

Under the premise of customer satisfaction, Tiendas Caracol specializes in the retail marketing of merchandise with a differentiated, exclusive and quality offer of Imagen Cuba and Souvenir products.

The Organizing Committee of the Havana International Fair (FIHAV) reports that, as a consequence of the current international epidemiological situation it has been decided to suspend FIHAV 2020 and hold the XXXVIII edition of the Fair in November from 2021.

The Central Bank of Cuba (BCC) issued a resolution that allows the island’s non-residents to open bank accounts in U.S. dollars, to buy in stores created by the government since last October that sell products in this currency.