April 22 (UPI) -- Mexican President Claudia Sheinbaum said her government is assessing new investment opportunities and trade agreements with Cuba after Havana's decision to further open its economy to private sector participation.
Sheinbaum said Monday the policy shift could allow Mexican private and mixed-capital companies to expand operations on the island.
"Cuba has opened its economy. That means there may be investments in Cuba from private companies or cooperation with joint ventures. We are working on it and evaluating what development opportunities exist," she said.
Sheinbaum said the initiative aligns with Mexico's ongoing humanitarian cooperation with Cuba, including shipments of food and supplies as the Caribbean nation faces a prolonged economic and energy crisis.
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