Cuban government announces major free-market reforms, but U.S. and exiles left skeptical (opens original article in a new tab)
Cuba's government introduced major free-market reforms aimed at overseas Cubans, but U.S. and exile communities remain skeptical about their effectiveness.
- Cuba's government announced 176 free-market reforms targeting overseas Cubans to open businesses, buy state enterprises, and develop tourism.
- U.S. officials and Cuban exiles expressed skepticism, calling the reforms superficial and insufficient for attracting foreign investment.
- Some Cubans on the island and abroad expressed cautious optimism about potential improvements in economic conditions.
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