Cuban president unveils reforms to liberalise economy amid US embargo

Díaz-Canel unveils reforms to liberalize Cuba's economy amid an oil crisis and US sanctions

Díaz-Canel announced reforms reducing state ministries from 27 to 20 and decentralizing foreign trade and private investment, responding to an oil crisis and US sanctions. The liberalization of renewable energy and vehicle-assembly sectors signals potential infrastructure opportunities despite geopolitical constraints.