
{"id":239367,"date":"2021-05-23T13:49:28","date_gmt":"2021-05-23T17:49:28","guid":{"rendered":"https:\/\/oncubanews.com\/en\/?p=239367"},"modified":"2021-05-23T13:49:28","modified_gmt":"2021-05-23T17:49:28","slug":"alejandro-gil-we-are-prepared-to-take-advantage-of-any-economic-opening-with-the-u-s-but-it-doesnt-depend-on-us","status":"publish","type":"post","link":"https:\/\/oncubanews.com\/en\/cuba\/economy\/cuban-economy\/alejandro-gil-we-are-prepared-to-take-advantage-of-any-economic-opening-with-the-u-s-but-it-doesnt-depend-on-us\/","title":{"rendered":"Alejandro Gil: \u201cWe are prepared to take advantage of any economic opening with the U.S., but it doesn\u2019t depend on us\u201d"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Cuba is prepared to \u201ctake advantage of any economic opening that may exist with the United States.\u201d This was stated by Cuban Deputy Prime Minister and Minister of <\/span><a href=\"https:\/\/oncubanews.com\/en\/tag\/cuban-economy\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Economy<\/span><\/a><span style=\"font-weight: 400;\"> Alejandro Gil Fern\u00e1ndez this Thursday at a press conference.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIf that context occurs, we\u2019ll take advantage of it,\u201d said Gil Fern\u00e1ndez, who, however, clarified that whether this happens does not depend on the Cuban government, but rather on Washington.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe elimination of the <\/span><a href=\"https:\/\/oncubanews.com\/en\/tag\/us-embargo\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">blockade<\/span><\/a><span style=\"font-weight: 400;\">, of the measures imposed by Trump, would favor a more favorable scenario for Cuba and the United States, but it does not depend on us. What we demand is that all the absurd restrictions that weigh on our country and that deprive our people of a normal relationship with the U.S. people be lifted,\u201d commented the deputy prime minister, who reaffirmed the possibilities of exchange between both nations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe have the possibility of exporting to the United States. The U.S. government is depriving its own citizens of Cuban products that are in high demand in the world, such as cigars and rum, and that we would be able to supply. And we are also able to acquire over there supplies and products for our economy. It would be a bilateral trade in favor of both peoples,\u201d he pointed out.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, Gil Fern\u00e1ndez regretted that, even with the arrival of a new administration to the White House, \u201cthe blockade has not moved a millimeter\u201d and all the restrictions and measures taken by the previous government remain in force, even during the <\/span><a href=\"https:\/\/oncubanews.com\/en\/coronavirus\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">COVID-19<\/span><\/a><span style=\"font-weight: 400;\"> pandemic, which he described as \u201ccruel\u201d and \u201cinhuman.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cUntil now, in more than four months of 2021, we continue working without any modification of the blockade. Let\u2019s hope it will not be like that in the future, but if it continues to be the case, we are also ready for that scenario,\u201d he said, and added that in that case the Cuban economy \u201cwill continue to face this onslaught, always with a vision of social justice and attention to the most vulnerable. That spirit will not move one millimeter either in any of the scenarios that we have to face in the present or in the future.\u201d<\/span><\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"YmeOalfHS0\"><p><a href=\"https:\/\/oncubanews.com\/cuba-ee-uu\/banca-y-sector-privado-cubanos-denuncian-perdidas-por-embargo-de-eeuu\/\">Banca y sector privado cubanos denuncian p\u00e9rdidas por embargo de EEUU<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"\u00abBanca y sector privado cubanos denuncian p\u00e9rdidas por embargo de EEUU\u00bb \u2014 OnCubaNews\" src=\"https:\/\/oncubanews.com\/cuba-ee-uu\/banca-y-sector-privado-cubanos-denuncian-perdidas-por-embargo-de-eeuu\/embed\/#?secret=neFGeBlElF#?secret=YmeOalfHS0\" data-secret=\"YmeOalfHS0\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">In addition, the Minister of Economy said that Cuba would continue \u201cto resist, working for our development, exploiting all our reserves,\u201d and that it would not give up economic growth \u201ceven when the blockade does not move.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even so, he insisted that this policy of economic siege\u2014against which Cuba <\/span><a href=\"https:\/\/oncubanews.com\/cuba\/cuba-llevara-a-la-onu-en-junio-su-resolucion-anual-contra-el-embargo-de-eeuu\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">will again present next month<\/span><\/a><span style=\"font-weight: 400;\"> a resolution in the UN General Assembly supported by the majority of the international community\u2014\u201cis the main obstacle to the development of the Cuban economy.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He pointed out that the island \u201cwould be another\u201d if it were not faced with \u201cthis criminal pressure\u201d which, according to Havana, has caused an impact of more than 5.5 billion dollars in the last calculated year and 17 billion in the last four years, \u201can average of between 12 and 15 million dollars a day of economic impact through different channels,\u201d among which he listed higher freight costs, prices, risk premiums, and the impossibility of importing products with more than 10% of an American component and of exporting to the United States, as well as the financial persecution and the determent of foreign capital investments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe have even had merchandise in ports and we have paid the suppliers, and after 15 or 20 days the banks returned the money to us, because it is from Cuba, and they do not want any problems,\u201d exemplified the minister, who stressed that the island is not aspiring to anything other than \u201cworking under normal conditions, that our economy can perform as in almost the entire world.\u201d<\/span><\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"SqDAda3yTB\"><p><a href=\"https:\/\/oncubanews.com\/en\/cuba-usa\/cuban-foreign-minister-the-u-s-blockade-has-reached-unprecedented-levels\/\">Cuban Foreign Minister: \u201cthe U.S. blockade has reached unprecedented levels\u201d<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Cuban Foreign Minister: \u201cthe U.S. blockade has reached unprecedented levels\u201d&#8221; &#8212; OnCubaNews English\" src=\"https:\/\/oncubanews.com\/en\/cuba-usa\/cuban-foreign-minister-the-u-s-blockade-has-reached-unprecedented-levels\/embed\/#?secret=NiKv6HGgqU#?secret=SqDAda3yTB\" data-secret=\"SqDAda3yTB\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><b>A complex scenario with growth forecasts<\/b><\/p>\n<p><span style=\"font-weight: 400;\">In addition to the impact of the U.S. blockade, Gil Fern\u00e1ndez commented to the press about other peculiarities and tensions of the current economic scenario in Cuba, also marked by the pandemic, which has made it necessary, as he said, to allocate around two billion Cuban pesos from the State budget to support expenses related to it, and about 300 million for the acquisition of PCR tests and the operation of molecular biology laboratories.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, he pointed out that COVID-19 has had a general negative impact on the island\u2019s economic activity and production system, has forced the stoppage of factories and constructions, has affected food production and has also affected the deficit of supplies and the import of products, such as medicines. In particular, he highlighted the effects on the tourism sector\u2014including the private businesses associated with it\u2014, hit by border closures and travel restrictions around the world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the deputy prime minister pointed out that despite this complex panorama, his government does not renounce the goal of economic growth of around 6% in the current year, although he said that this increase would occur based on last year\u2019s drop, which was around 11%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It would be \u201ca growth that does not imply a considerable increase in the levels of activities and supplies because we would be below the level of economic activity of 2019,\u201d specified Gil, who explained that with the 6% expected in 2021 and the same in 2022, by the end of next year Cuba would be recovering its 2019 GDP, some 56.9 billion pesos at constant prices.<\/span><\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"P9XuITsH2q\"><p><a href=\"https:\/\/oncubanews.com\/en\/cuba\/economy\/cuban-economy\/economic-reform-in-cuba-principles-and-pseudo-principles\/\">Economic reform in Cuba: principles and pseudo principles<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Economic reform in Cuba: principles and pseudo principles&#8221; &#8212; OnCubaNews English\" src=\"https:\/\/oncubanews.com\/en\/cuba\/economy\/cuban-economy\/economic-reform-in-cuba-principles-and-pseudo-principles\/embed\/#?secret=z1N1PgIhBB#?secret=P9XuITsH2q\" data-secret=\"P9XuITsH2q\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">To support this forecast, he referred to a favorable performance of exports, among which he mentioned nickel and telecommunications services, with dynamics higher than planned, and also to a partial recovery in tourism, even though so far the year it has not been able to reactivate as expected due to the pandemic. The forecast for this sector is between 2 and 2.2 million visitors in 2021, an undoubtedly ambitious goal taking into account the current context, but the minister of economy trusted that, even if these figures could not be reached, the country has other reserves and potentials to grow.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Among these, he mentioned the measures taken to promote the state enterprise\u2014as a \u201cfundamental actor of the Cuban economic model\u201d\u2014and its linkage with the non-state sector, as part of the current process of economic reforms and <\/span><a href=\"https:\/\/oncubanews.com\/en\/tag\/economic-reorganization\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">monetary reorganization<\/span><\/a><span style=\"font-weight: 400;\"> underway on the island.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Gil Fern\u00e1ndez recalled the package of measures approved by the government for the \u201cstrengthening\u201d of the state enterprise, which seeks, he said, \u201cgreater management autonomy, which it be directed more and more by the director, with less intervention from the ministries,\u201d and he affirmed that \u201centrepreneurs\u2019 greater audacity in the search for solutions is beginning to be seen\u201d as well as the promotion of an \u201cexport mentality.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He pointed out that after the end of March, three months after the start of the so-called Task of Reorganization, some 500 state enterprises were still reporting losses, but more than 1,300 were already generating profits, and that the trend was positive in this direction.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Regarding the monetary reorganization itself, he defended the importance of its implementation, after which, he said, more than 150,000 people have joined the work force, and he asserted that this process \u201chas not been a failure,\u201d despite the criticism and concerns received. Gil assured that, contrary to what its critics maintain, problems such as the shortage of supply\u2014and the consequent queues and the increase in prices in the informal market\u2014the country is suffering would be present even if the reorganization had not been implemented, and pointed out as the main cause of these problems the impact of other factors such as the embargo and the pandemic.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even so, he acknowledged that there have been internal deficiencies and difficulties in the design of this process, but specified that these have been rectified along the way \u201cfor the better,\u201d based on the criteria of the producers and the population. In this sense, he referred to the recent measures taken by his government to boost agricultural production that seek, he said, to \u201celiminate obstacles\u201d and \u201cgenerate incentives\u201d to increase the supply of food, which he recognized as the most complex challenge and urgent situation of the Cuban economy.<\/span><\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"qL9W24Lrsy\"><p><a href=\"https:\/\/oncubanews.com\/cuba\/economia\/la-agricultura-cubana-y-las-pyme\/\">La agricultura cubana y las PYME<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"\u00abLa agricultura cubana y las PYME\u00bb \u2014 OnCubaNews\" src=\"https:\/\/oncubanews.com\/cuba\/economia\/la-agricultura-cubana-y-las-pyme\/embed\/#?secret=M59vYDpzWf#?secret=qL9W24Lrsy\" data-secret=\"qL9W24Lrsy\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">Finally, the deputy prime minister announced that in 2021 \u201cconcrete steps will be taken in the diversification of economic actors\u201d on the island, \u201cbased on the progress we have made in creating the conditions.\u201d In this regard, he asserted that Havana has not renounced the development of the private sector or its greater insertion in the island\u2019s economy, including the expected approval of micro, small and medium-sized enterprises, of which, however, he commented would not be \u201ca magic solution, but one more actor\u201d of the economic fabric.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, he reiterated that the government priority is to revitalize state-owned enterprises and create more favorable and coherent conditions for their take-off, competitiveness and productive links between them and also with the private sector, and he trusted that with the approved strategy this could be achieved without haste or improvisation.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The deputy prime minister and head of the island\u2019s economy also assured in a press conference that the monetary reorganization process \u201chas not been a failure\u201d and said that despite the complex scenario that the island is going through, his government does not renounce an economic growth of around 6% in the current year.<\/p>\n","protected":false},"author":3261,"featured_media":239370,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13904],"tags":[33481,33530,27090],"ppma_author":[33550],"class_list":["post-239367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cuban-economy","tag-economic-reorganization","tag-reordering-task","tag-u-s-embargo"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alejandro Gil: \u201cWe are prepared to take advantage of any economic opening with the U.S., but it doesn\u2019t depend on us\u201d | OnCubaNews English<\/title>\n<meta name=\"description\" content=\"The deputy prime minister and head of the island\u2019s economy also assured in a press conference that the monetary reorganization process \u201chas not been a 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