On initiative of the National Association of Economists and Accountants of Cuba (ANEC by its Spanish acronym) in Havana, the Management Group for the articulation or interrelation between the socialist state enterprise (EES by its Spanish acronym) and the non-state forms of management (FGNE by its Spanish acronym) was formed.

The Chamber of Commerce of the Republic of Cuba will participate in the II Expo Virtual Germany 2021for the Latin American region with an institutional stand to promote exports and foreign investments in the largest of the Antilles.

Along with the micro, medium and small enterprises (MSMEs), another new actor in Cuba, the subsidiary, will come into play in August or September, once the corresponding legal regulations are ready, according to Alejandro Gil Fernández, Deputy Prime Minister and head of the Ministry of Economy and Planning (MEP).

The Base Business Unit (UEB by its Spanish acronym) Chiquitico Fabregat Derivatives, promotes the processing of sugarcane by-products as an effective part of the local strategy to achieve food sovereignty in the region.

During the 68th meeting of the Trade and Development Board, held today in Geneva, the Cuban ambassador and permanent representative in that Swiss city, Juan Antonio Quintanilla Roman, condemned the negative impact of the U.S. economic, commercial and financial blockade on the island's economy.

Bruno Rodriguez Parrilla, Cuban foreign minister, said today on Twitter that every economic, commercial and financial blockade measure in force by the U.S. government threatens the health and lives of millions of people in Cuba.

As of Monday, natural and legal persons will not be able to make cash deposits of U.S. dollars (USD) in Cuban banks, a temporary measure adopted by the Central Bank of Cuba (BCC) as a result of the U.S. blockade.

Cuban government expects to see the setting up of the its first Micro, Medium and Small companies—MMSEs-- both in the state and non-state sectors by mid August or early September, said Cuban Economy Minister Alejandro Gil during a prime-time TV show on Friday.

The Non-Agricultural Cooperative (CNA) Decorarte, and the Empresa Productora de Materiales Varios para la Enseñanza (Empromave), of the Ministry of Education, through a letter of intent signed on Thursday to join forces in the supplying of toys and teaching means to schools throughout the country.

Cuban deputy prime minister Ricardo Cabrisas, who is on an official visit to Venezuela, has met with several government ministers as part of the Inter-governmental Commission with the Joint Cooperation Integral Agreement.

Cuban President Miguel Díaz-Canel Bermúdez described as fair the decision to raise the pensions of combatants of the Revolution.

The production of cements with a high content of pozzolanic tuffs, such as PZ-25 and PP-35, stands as an ecological and economic alternative promoted by Cementos Cienfuegos S.A., whose purpose is to preserve the environment and guarantee the sustainability of this industry.

Due to the current epidemiological situation in Cuba and around the world, the Delegation of the Ministry of Tourism (MINTUR) in the province of Santiago de Cuba strives to comply with the new sanitary measures implemented as of June 5 for inbound travelers.

In response to the demand of international travelers to access goods and services in facilities which only accept payment by means of magnetic cards, the Bank of Credit and Commerce (BANDEC) has designed prepaid cards, available for the time being in authorized CADECA offices located in the tourist resorts of Varadero and Coco Key.