
AI-generated summary
Cuba is struggling with food, fuel and medicine shortages, high inflation, long-term power outages and dollarization. The USA's applied pressure politics aggravates the country's energy and supply problems with oil restrictions and additional sanctions.
According to the news in the Cuban press, in the market opened in the city of Sancti Spiritus, for the first time in the country, private businesses as well as government institutions will be able to offer their own products for wholesale.
Officials of ITH Trinidad Wholesale Company, which operates the complex, stated that industrial products, imported inputs and agricultural yields will be included in the market.
It was noted that in the market within the scope of the new model, flexible trade and marketing methods will be applied between the managing company and the goods suppliers.
Providing information to the press about the product details that will be available in the market, company officials stated that basic food items such as meat products, salt and rice were initially offered for sale.
In parallel with the development of supply chain and cold chain opportunities, it is aimed for beans, pork and mutton to take their place on market stalls in the future.
Micro, small and medium-sized businesses, public and private organizations, freelancers and individual customers will be able to shop from the new store opened in the center of Comercializadora ITH, without having to enter into a commercial contract in advance.
ITH Trinidad Wholesale Company Director Aida Rivas Duarte said in a statement to the local press that in order to shop at the market, a purchase of at least 200 dollars or 24 thousand Cuban pesos (CUP) will be required.
According to the news on the Cubadebate portal, products of Sancti Spiritus Intermunicipal Agricultural Supply Company, private companies Banvaria SURL and Valdespino, ITH Foreign Trade Company and an unnamed foreign company are sold in the facility.
It was stated that regular supply should be ensured, products should be protected under suitable conditions and competitive prices should be determined in order for the market, which ITH plans to expand to other regions, to become permanent.
REFORM PACKAGE IS BEING IMPLEMENTED
The practice was implemented as part of the 176-article economic and social reform package approved by the government on June 26.
The regulation, the legal basis of which was created by the decree no. 13/26 of the Ministry of Internal Trade (MINCIN), aims to restructure the wholesale trade system in the country.
The reform package, collected under 23 headings, aims to revitalize agriculture, foreign trade, private and foreign investments and the real estate sector.
The reforms envisage localizing decision-making processes, giving more autonomy to state enterprises, and ensuring private capital participation in the financial sector.
The Cuban economy is struggling with food, fuel and medicine shortages, high inflation, long-term power outages and dollarization.
The pressure policy implemented by the US administration since January has further aggravated the country's energy and supply problems with oil restrictions and additional sanctions.
AI outlook — possibilities, not facts
Similar wholesale markets will open in other parts of Cuba.
Possible · Within months

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