Cuba implements new commercial regulations for trade sectors

Cuba's Ministry of Domestic Trade (MINCIN) has introduced a series of new economic regulations aimed at reorganizing the country's internal, wholesale, and retail trade sectors. These measures, including Decrees 167 and 168, allow for the creation of commercial chains, such as stores and restaurants, and aim to modernize commerce while fostering competition and legal transparency.

The reforms seek to integrate non-state actors, including small and medium-sized enterprises (Mipymes) and cooperatives, into the broader economy. Key changes include the deregulation of wholesale trade, which will no longer be strictly tied to state entities, and the introduction of the “Neighborhood Market” (Mercado de Barrio) concept to improve local supply chains. The new framework also permits commercialization in both Cuban pesos and foreign currency.

Additionally, the ministry has established new service fees for the Central Commercial Registry (RCC), with costs for registration and documentation ranging from 200 to 1,300 CUP. These updates are part of a broader effort to decentralize the economy and incentivize private investment and foreign participation.