Cuban Entrepreneurs Start First Private Business Group
A handful of entrepreneurs have quietly formed communist Cuba's first private small business association, testing the government's willingness to allow Cubans to organize outside the strict bounds of state control.
June 01, 2017 at 11:00 PM
7 minute read
A handful of entrepreneurs have quietly formed communist Cuba's first private small business association, testing the government's willingness to allow Cubans to organize outside the strict bounds of state control.
More than a half million Cubans officially work in the private sector, with tens, perhaps hundreds, of thousands more working off the books. Cuba's legal system and centrally planned state economy have changed little since the Cold War, however, and private business people are officially recognized only as “self-employed,” a status with few legal protections and no access to wholesale goods or the ability to import and export.
The government took an incremental step toward changing that Thursday when Cuba's National Assembly approved a series of documents updating the country's economic reform plan and laying out long-term goals through 2030. Those goals include the first official recognition of private enterprise and small- and medium-size businesses, although it could be years before any actual changes are felt on the ground in the country.
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