Co-ops to expand beyond agriculture
- Submitted by: manso
- Business and Economy
- 04 / 18 / 2011
Five commissions discussed a 311-point economic reform package during the 6th Congress of the Communist Party Sunday at the Conventions Palace in Havana.
The first commission, in charge of the organization of the overall economy, emphasized the necessity to promote foreign joint ventures and cooperatives. Privately-owned cooperatives, which have existed in agriculture since the 1990s, will expand into “a variety of activities,” a summary on the Communist Party Website said.
Commission No. 2 supported establishing a credit infrastructure that supports companies that substitute imports and generate export income.
No further details about the discussions were immediately available. The commissions’ suggestions must be approved by the plenary.
Source:www.cubastandard.com/2011/04/17/co-ops-to-expand-beyond-agriculture/
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