Cuba is pursuing economic reforms, with an emergency economic package currently seeking legislative approval from the Cuban National Assembly, influenced by China.
5 reports, 5 independent
Updated Jul 5
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What happened
Cuba is pursuing economic reforms, with an emergency economic package currently seeking legislative approval from the Cuban National Assembly, influenced by China.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A joint venture was established between Cuban and Chinese firms, with the retail outlet located in Havana.Sub-event
Emergency economic package seeks legislative approval in Cuba, influenced by China.1 source
Cuba's Communist Party approved an emergency economic plan as EU pressure increases.1 source
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The entities involved
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Cuba
sovereign state situated on an island in the Caribbean Sea
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Communist Party
former political party in Burma (Myanmar)
Related events
- Díaz-Canel announced progress on economic reforms while Columbia University published an academic study on the reforms.
- A US official discussed Cuba's political and economic prospects during the 81st UN General Assembly.
- China is providing economic and political support to Cuba amidst the severe situation caused by US blockades and sanctions.
- The collapse of the Soviet Union is being paralleled with the current economic reforms taking place in Cuba.
- Cuba faces an energy crisis due to sanctions, prompting aid requests from OCHA and fuel shipments from Moscow.