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Cuba opens real estate, banks, gas stations to foreign capital

Cuba expands economic opening, allowing foreign investment in real estate, banking, and fuel sectors.

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1 verified
Location
Cuba
Updated
Friday, 19 June 2026 at 05:10 UTC
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Cuba's government has approved a new wave of economic reforms, opening the real estate sector, banks, and gas stations to foreign capital. This is part of a broader 176-point reform plan unveiled earlier. The measures aim to attract foreign investment while preserving state control over key industries, responding to US pressure for market liberalization. Prime Minister Manuel Marrero emphasized the changes are necessary for economic survival under the ongoing embargo.
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