Cuba Approves Private Firms Over 100 Workers, Foreign Capital Allowed

Cuba's government has approved a regulation permitting private enterprises to exceed 100 workers, a significant departure from its prior cap, and to engage in foreign partnerships, direct imports under permit, and autonomous salary setting. This marks a notable policy shift toward economic liberalization, though implementation details and state oversight remain uncertain. The move signals a gradual opening of Cuba's state-dominated economy, with potential implications for foreign investment and domestic labor markets.