Cuba authorizes some wholesale salesNovember 22, 2013 @ 7:42 am
HAVANA (AP) - More than a dozen Cuban state-run businesses have been authorized to begin selling their goods wholesale to selected buyers.
A new resolution from the Economy and Planning Ministry says legally registered entities will be able to purchase products including barbed wire, cement, chemicals, aluminum sheets, leather and bus parts.
The measure seems geared toward fledgling independent, non-agricultural cooperatives that are operating in construction, textiles and transport, among other areas.
It apparently does not apply to the more than 460,000 private-sector workers and small-business owners, many of whom say a lack of wholesale access makes it tough to do business.
Details were published Friday in the government's Official Gazette.
Cuba is in the midst of a limited expansion of non-state economic activity that began in 2010.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Flight of Her Life
Julie Spencer went from her father's funeral to the state championship in the same day
Inspections reveal surprising number of cracks and movement on Seattle's viaduct
A Tacoma furniture store writes the checks for Percy Harvin's Super Bowl kick return
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.