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BUSINESSJun 19 · 22:56 UTCWPLG LOCAL 10 MIAMIBy ANDREA RODRÍGUEZ, Associated Press

Cuba pushes through sweeping free-market reforms in biggest economic shift since the revolution

Cuba has approved 176 free-market reforms to decentralize its state-run economy, allowing private businesses, imports/exports without state intermediation, and foreign investment. The reforms aim to address economic challenges exacerbated by the U.S. embargo, though implementation is expected to be slow. Raúl Guillermo Rodriguez Castro, grandson of former President Raúl Castro, emphasized the need for a diversified 'very Cuban' economic model.

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