miguel diaz-canel united states donald trump parlamento

Cuba opens its economy, the private sector will be able to participate in gas stations and pharmacies

According to the authorities, more than 15,000 small and medium-sized enterprises are authorized in the country, reflecting the recent acceleration in the approval of..

Reliability 59 · moderateLIVE8 min agoJuly 29, 2026

Center1
Center-right1

2 sources2 independent voices

no rewrites detected — all voices distinct

Summary

According to the authorities, more than 15,000 small and medium-sized enterprises are authorised in the country, reflecting the recent acceleration in the approval of these businesses, which were authorized in 2021. Trump states that Cuba, located 150 kilometres from the coast of Florida, represents "an extraordinary threat" to the national security of the United States and has on several occasions threatened to "take control" of the country. Cuba announced this Wednesday the opening to private sectors of its economy such as gas stations, pharmacies and geriatric, after Parliament approved a package of 176 measures in favour of the market economy.

Furthermore, To the economic embargo in force since 1962, Trump added a de facto oil embargo and a battery of additional sanctions against Cuban companies and leaders, which has led the Cuban economy to the brink of collapse, with widespread blackouts, as well as a shortage of food, fuel, drinking water and medicines. These market economy announcements mark a historic turning point for the communist island and its central-planning socialist economy, which has been in deep crisis for months and under pressure from Washington. Health and education under the control of the State Health care remains a "responsibility of the State" and "the medical activity (...) continues to be guaranteed to the Cuban population with free hospital services," state media said.

Factual coreconfirmed by several independent voices

According to the authorities, more than 15,000 small and medium-sized enterprises are authorised in the country, reflecting the recent acceleration in the approval of these businesses, which were authorized in 2021.
reliability moderate2/2 sources
Trump states that Cuba, located 150 kilometres from the coast of Florida, represents "an extraordinary threat" to the national security of the United States and has on several occasions threatened to "take control" of the country.
reliability moderate2/2 sources
Cuba announced this Wednesday the opening to private sectors of its economy such as gas stations, pharmacies and geriatric, after Parliament approved a package of 176 measures in favour of the market economy.
reliability moderate2/2 sources
To the economic embargo in force since 1962, Trump added a de facto oil embargo and a battery of additional sanctions against Cuban companies and leaders, which has led the Cuban economy to the brink of collapse, with widespread blackouts, as well as a shortage of food, fuel, drinking water and medicines.
reliability moderate2/2 sources
These market economy announcements mark a historic turning point for the communist island and its central-planning socialist economy, which has been in deep crisis for months and under pressure from Washington.
reliability moderate2/2 sources
Health and education under the control of the State Health care remains a "responsibility of the State" and "the medical activity (...) continues to be guaranteed to the Cuban population with free hospital services," state media said.
reliability moderate2/2 sources
Cuban President Miguel Diaz- Canel accused the United States on Sunday of trying to "take over the country" by what he considered a "genocidal policy.".
reliability moderate2/2 sources