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Cuba embraces 2 surprising free-market reforms (AP)

A food vendor sits by his goods at a popular market in Havana, Cuba, Friday Aug. 27, 2010.  Cuba's official Gazette published Friday two decrees that loosen state controls on commerce, enough to let Cubans sell agricultural products from their homes, and allow foreign investors to lease government land for up to 99 years. They are key first steps of President Raul Castro's promise to reduce the communist state's control of the economy while attempting to generate new revenues for a government short on cash.  (AP Photo/Franklin Reyes)AP - Cuba has issued a pair of surprising free-market decrees, allowing foreign investors to lease government land for up to 99 years — potentially touching off a golf-course building boom — and loosening state controls on commerce to let islanders grow and sell their own fruit and vegetables.


Tags: freemarket, surprising, Embraces, Cuba, reforms

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