A report by the Economic Commission for Latin America and the Caribbean –ECLAC—points at a freefall of direct foreign investment in the Latin American and Caribbean region last year marked by a sanitary, economic and social crisis caused by the COVID-19 pandemic

 Cuba needs to take coffee production to the lowlands to take advantage of the potential of the labor force and some soils, in order to increase harvests, especially those that can be destined for national consumption.

The Logistics Business Group of the Ministry of Agriculture (Gelma) will begin to implement in September the payment through the EnZona app in its four shopping centers in Havana, an alternative that provides benefits to producers and facilitates management.

 In line with the Cuban State's policy that non-state management forms (FGNE) have an active role in the country's development, the Chamber of Commerce of the Republic of Cuba (CCRC) is preparing to offer them promotion, information, training and advisory services.

The US economic, commercial and financial blockade inflicted losses to Cuban tourism calculated at over 360 million dollars in the 2020-2021 period of time.

Carlos Asencio Valerino, president of the Correos de Cuba Business Group, and Nelson Cordovés Reyes, head of the General Customs of the Republic, recently checked the progress of operational processes, processing and delivery of international postal packages.

As part of the implementation of the commercialization policy in Cuba, it was decided to decentralize the prices of sweet potato, plantain and malanga for social consumption, which benefits producers and brings new challenges in the management of the state budget.

The first of three ships from the Mexican Navy loaded with humanitarian aid for Cuba docked at Havana’s harbor Friday afternoon.

Cuba and Iran considered actions on Friday to further expand trade relations in the benefit of strategic economic sectors of both countries.

A donation of 12,000 tons of rice was made today by Vietnam to Cuba, as an aid to face the food difficulties derived from the economic, commercial and financial blockade applied by the United States and the Covid-19 pandemic.

Cuba and Algeria reiterated on Wednesday their willingness to strengthen business exchange and diversify economic and trade relations in the benefit of their peoples.

The Cuban Ministry of Domestic Trade ( MINCIN by its Spanish acronym) is taking several actions to solve the due payments that affect Cuban companies and that have a greater impact on the trade and gastronomy sector.

The Cuban Ministry of Domestic Trade (Mincin) approved the provisions for the sale in installments to natural persons of goods whose prices exceed two thousand five hundred pesos, such as furniture, mattresses, bicycles and household appliances.

The non-state forms of management of the Cuban economy have managed to export to date more than 10 million pesos in items such as charcoal, agricultural products and other services.