Cuba authorizes some wholesale sales

Posted on Friday, 11.22.13

Cuba authorizes some wholesale sales
THE ASSOCIATED PRESS

HAVANA -- 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.

Source: "HAVANA: Cuba authorizes some wholesale sales - Business
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