Havana, March 16, 2026 (AFP) - Cubans abroad will be able to invest, own businesses on island: minister

NAMPA / AFP

2026-03-16

Cubans living abroad will now be allowed to invest and own businesses on the island, a senior economic official said Monday, announcing a key reform as the economy struggles under intense US pressure. "Cuba is open to having a fluid commercial relationship with US companies" and "also with Cubans residing in the United States and their descendants," Oscar Perez-Oliva Fraga, who is foreign trade minister and also deputy prime minister, told NBC Ne......

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