Take a look at this interesting post from The Miami Herald's Cuban Colada blog:
Many firms lose foreign-trade privileges
Their import-export rights will be centralized
Several major business companies have been barred from trading abroad, in what seems to be a tightening of government control over import-export activities, perhaps combined with a drive against corruption.
Companies like Cuba Petróleos (Cupet), the mobile telecommunications firm Movitel, the Abdala music-recording company, the Socialist Vanguard Foundry, and the Beverage & Refreshments Exporting Co. must cease their import-export activities within 90 days and turn them over to the Ministry of Foreign Trade and Foreign Investment, the newspaper Juventud Rebelde reported Thursday.
Other targets include Maritime Port Supplies (SUMARPO), Fishing Products Import Co. (PROPES), the Food Corporation (CORALSA), Cuba Aluminum (ALCUBA) and Hotel Engineering. Future negotiations by those companies will be handled by an organization still to be determined, the paper said.
The first thing that comes to mind is: Whatever happened to Raul's market "reforms"?
Well, they're a hoax -- but we already knew that.
The interesting part is how all of these Cuban "firms" and "major business companies" sound like regular, independent entities.
Except they are not.
The Castro regime's Constitution requires all foreign trade (import-export) to be conducted by the State.
All of the companies mentioned in the Herald's post are owned and operated by the Castro regime.
Therefore, the so-called foreign trade "privileges" discussed have gone from a State agency to State company and now back to a State agency.
Talk about spin -- literally.
- ► 2016 (655)
- ► 2015 (1080)
- ► 2014 (1177)
- ► 2013 (1251)
- ► 2012 (1158)
- ► 2011 (1031)
11/28 - 12/05
- Obama Administration and Dissidents, Pt. 2
- The Worst of the Worst
- From The State Department, Pt. 2
- From The State Department
- Cuba is Not Vietnam
- From State Control to State Control
- Cuba Travel Bill is Dead
- Adela in Wonderland
- Statement by Alan Gross's Lawyer
- Cuba Provides Refuge to Narco-Terrorists
- Revisiting the State-Sponsors of Terror Report
- Wikileaks Reveals Cuban Espionage Concerns
- Rock 'n' Roll Ain't Noise Pollution (or a Crime)
- Jeff Goldberg's Bigoted Labeling of Ileana
- Time to Re-Evaluate Vietnam Policy?
- U.S. Taxpayers Relieved by Embargo
- ▼ 11/28 - 12/05 (16)
- ► 2009 (933)