A London court has ruled that the Cuban government is not liable in a Castro-era debt dispute, while also recognizing that the debt is real and must be repaid. It is an international case that sends a powerful signal.
Cuba will likely face more suits over billions of dollars’ worth of unpaid commercial debts from the 1980s after a decision by a UK High Court judge.
On December 6, 2022, Heads of State and Government of the Caribbean Community (CARICOM) and the Republic of Cuba, met in Bridgetown, Barbados, on the occasion of the Eighth CARICOM-Cuba Summit commemorating the Fiftieth Anniversary of establishing diplomatic relations with the independent States of CARICOM and Cuba and the Twentieth Anniversary of CARICOM-Cuba. Addressing the…
After much hesitation about how to deal with small and medium-size private enterprises it authorized in 2021, the Cuban government is turning to Russia for help with market reforms.