Nearly 200 Cuban businesses authorized for wholesale fuel distribution as government retains 80% of land ownership
Cuba opens fuel market to foreign investment amid US pressure
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Summary
About 80% of the land on the island is owned by the government, while the remaining 20% belongs to private producers. Cuba had authorized the first foreign investment venture to import and sell fuel, and nearly 200 Cuban businesses have already received permission to engage in wholesale fuel distribution on the island, Prime Minister Manuel Marrero Cruz said during the National Assembly on Wednesday.
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About 80% of the land on the island is owned by the government, while the remaining 20% belongs to private producers.
according to The Straits Times - WorldCuba had authorized the first foreign investment venture to import and sell fuel, and nearly 200 Cuban businesses have already received permission to engage in wholesale fuel distribution on the island, Prime Minister Manuel Marrero Cruz said during the National Assembly on Wednesday.
according to The Straits Times - World
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