{"id":238260,"date":"2021-04-30T11:04:09","date_gmt":"2021-04-30T15:04:09","guid":{"rendered":"https:\/\/oncubanews.com\/en\/?p=238260"},"modified":"2021-04-30T11:04:09","modified_gmt":"2021-04-30T15:04:09","slug":"private-businesses-in-cuba-register-slight-increase-in-exports","status":"publish","type":"post","link":"https:\/\/oncubanews.com\/en\/cuba\/economy\/cuban-economy\/private-businesses-in-cuba-register-slight-increase-in-exports\/","title":{"rendered":"Private businesses in Cuba register slight increase in exports"},"content":{"rendered":"<p><a href=\"https:\/\/oncubanews.com\/en\/tag\/self-employment\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Self-employed workers<\/span><\/a><span style=\"font-weight: 400;\"> and cooperatives have signed more than 1,980 export or import contracts with Cuban state enterprises specialized in <\/span><a href=\"https:\/\/oncubanews.com\/en\/tag\/foreign-trade\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">foreign trade<\/span><\/a><span style=\"font-weight: 400;\">, of which only 5% (98) are export deals.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The services sector stands out as one of the main forays into the international market, the general director of Foreign Trade, Vivian Herrera, recently published on her official Twitter account, <\/span><a href=\"http:\/\/www.granma.cu\/cuba\/2021-04-28\/mas-de-1-980-contratos-se-han-suscrito-entre-empresas-del-comercio-exterior-y-fgne-28-04-2021-11-04-02\" target=\"_blank\" rel=\"noopener\"><i><span style=\"font-weight: 400;\">Granma<\/span><\/i><\/a><span style=\"font-weight: 400;\"> newspaper reported.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"es\" dir=\"ltr\">Acumulamos ya 1,987 contratos firmados entre empresas de comex y FGNE. 98 son de exportaci\u00f3n, crecen en 8 en esta semana y sobresalen los de exportaci\u00f3n de servicios. <a href=\"https:\/\/twitter.com\/hashtag\/SiSePuede?src=hash&amp;ref_src=twsrc%5Etfw\">#SiSePuede<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/PorCubaExportamos?src=hash&amp;ref_src=twsrc%5Etfw\">#PorCubaExportamos<\/a> <a href=\"https:\/\/twitter.com\/mincex?ref_src=twsrc%5Etfw\">@Mincex<\/a> <a href=\"https:\/\/t.co\/8HyqCDRGkN\">pic.twitter.com\/8HyqCDRGkN<\/a><\/p>\n<p>&mdash; Vivian Herrera (@islabella50) <a href=\"https:\/\/twitter.com\/islabella50\/status\/1385909572200771591?ref_src=twsrc%5Etfw\">April 24, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Although the Cuban authorities have released updates on the number of foreign trade contracts signed between non-state management forms since the approval of the regulations that allow them to participate in these activities, statistics of how many of these businesses have been concretized have not been made known.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Herrera, \u201cthis is necessary, taking into account that these enterprises have the experience to make the processes viable and even lower the cost of operations, given that Cuba is a signatory of several trade agreements that include benefits in tariff matters,\u201d the source indicated.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are 41 state enterprises on the island specialized in foreign trade services that act as mediators in exports or imports made by private entrepreneurs or cooperatives.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe idea is that the exporter is the one that receives the greatest benefits, since 80% of the income in foreign currency will remain in his hands, while the remaining 20% goes to the economy in national currency,\u201d explained the head of the Ministry of Foreign Trade and Foreign Investment (MINCEX), Rodrigo Malmierca, cited by <\/span><i><span style=\"font-weight: 400;\">Granma<\/span><\/i><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Malmierca had previously <\/span><a href=\"https:\/\/oncubanews.com\/cuba\/gobierno-cubano-da-luz-verde-a-las-exportaciones-importaciones-y-al-mercado-mayorista-para-el-sector-privado\/?amp\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">affirmed<\/span><\/a><span style=\"font-weight: 400;\"> that this modality\u2019s objective is that \u201cCuban exports grow, that imports be more rational and to encourage the linkage between the different productive sectors\u201d and \u201cnot for the enterprise (state-owned and in charge of providing this service) to be more profitable.\u201d<\/span><\/p>\n<p>https:\/\/oncubanews.com\/el-marabuzal\/importar-por-cuenta-propia\/?amp<\/p>\n<p><span style=\"font-weight: 400;\">The official daily points out that \u201cin order to continue developing exports through an organized process respecting the established rules, small farmers who are not cooperative members or state land usufructuaries, artisans and creators have joined this foreign trade activity.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, several specialists believe that due to the potential existing in the island\u2019s private sector, the export and import possibilities are much greater than the figures achieved so far, and have suggested changes in the existing mechanisms and regulations in order to give a greater stimulus and facilities for non-state forms of management and their contribution to the Cuban economy.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The services sector stands out as one of the main forays into the international market, the general director of Foreign Trade, Vivian Herrera, recently published on her official Twitter account.<\/p>\n","protected":false},"author":3134,"featured_media":238262,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13904],"tags":[14914,34357],"ppma_author":[33546],"class_list":["post-238260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cuban-economy","tag-cuban-private-sector","tag-foreign-trade"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Private businesses in Cuba register slight increase in exports | OnCubaNews English<\/title>\n<meta name=\"description\" content=\"The services sector stands out as one of the main forays into the international market, the general director of Foreign Trade, Vivian Herrera, recently published on her official Twitter account.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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