AGP Executive Report
Last update: 8 hours agoCuba Tourism Shock: Cuba logged just 419,863 international visitors in Jan–Jul 2026, down 62.8% year-on-year, as hotel closures, weaker air links, fuel shortages, and card-payment frictions hit arrivals. Energy & Power Strain: Cuba is pushing a faster energy mix shift toward renewables, with a strategy aimed at solar expansion and incentives for imports and investment tied to 2026 rules. Agriculture Push: Díaz-Canel met agriculture sector representatives stressing faster, coherent implementation of economic changes to raise food output and purchasing power. U.S. Sanctions Watch: OFAC’s August actions keep Cuba high on the priority list, alongside China and Iran, with new designations and blocked-property updates. BRICS Diplomacy: At the New Delhi summit, BRICS adopted a 140-point declaration calling for an end to unilateral coercive measures and explicitly raised concern over the economic and energy blockade affecting Cuba. Foreign-Currency Rules: Cuba expanded dollarization-related access for private businesses, allowing cash operations and foreign-currency deposits under updated management controls.
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