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NewsKEYT News Channel 3-12July 3, 2026Santa Barbara

Cuban Official Defends New Economic Reforms

Cuba's Vice Prime Minister, Óscar Pérez-Oliva Fraga, stated that the country's recent economic reforms are domestic initiatives rather than a response to external pressure from the United States.

CubaEconomyInternational RelationsForeign Policy
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Why It Matters

The Cuban government is implementing new economic policies that may impact trade, foreign investment, and the local economic landscape amidst ongoing diplomatic tensions with the United States.

Key Facts

  • Óscar Pérez-Oliva Fraga serves as both Vice Prime Minister and Minister of Foreign Trade and Foreign Investment of Cuba.
  • The Cuban government has officially approved a new package of economic reforms.
  • The Cuban government denies that these reforms are a result of pressure from the United States.
  • The interview was conducted by CNN en Español.

Who's Mentioned

personJuan Carlos López“CNN en Español journalist”locationEstados Unidos“Country cited as a source of external pressure”personRocío Muñoz-Ledo“CNN en Español journalist”personÓscar Pérez-Oliva Fraga“Vice Prime Minister and Minister of Foreign Trade and Foreign Investment of Cuba”organizationCNN en Español“Media outlet conducting the interview”locationCuba“Country implementing the economic reforms”