Category Archives: Cuban Economy

The recovery of the National Electric System is a top priority

By 2025, the installation of 1,200 megawatts of capacity in photovoltaic solar farms is expected to be completed. Photo: Ricardo López Hevia

The recovery of the National Electric System is a top priority of the Ministry of Energy and Mines, due to the transversality of this activity in all sectors of the economy.
This was stated by the member of the Political Bureau of the Party and Prime Minister, Manuel Marrero Cruz, at the annual work meeting of the organism, held yesterday at the Plenary Hall of the Palace of the Revolution.
In the presence of the First Secretary of the Party Central Committee and President of the Republic, Miguel Díaz-Canel Bermúdez, the Prime Minister insisted on the need to boost savings, since, despite the low availability of electricity, demand continues to be very high, with a tendency to increase.
He also stressed the need to advance in the use of renewable energy sources without neglecting other forms of generation.
Marrero Cruz referred to the negotiations to recapitalize and bring the country’s four refineries to their maximum exploitation point, as well as to increase the production of domestic crude oil for export and electricity generation.
WHAT WILL HAPPEN TO THE ELECTRICITY GENERATION SYSTEMS IN 2025?
Alfredo López Valdés, General Director of the Electric Union, explained that for this year the following is planned:
Conclude the assembly and commissioning of capacities to generate 1,200 megawatts (MW) in photovoltaic solar parks, with 200 MW of accumulation throughout the country.
Complete the maintenance of units 3 and 4 of the Carlos Manuel de Céspedes thermoelectric power plant (CTE) in Cienfuegos; unit 2 of the Ernesto Guevara CTE in Santa Cruz del Norte; and unit 5 of the Antonio Maceo CTE in Santiago de Cuba.
Secure financing and put into effect the contract for the recovery of unit 2 of CTE Lidio Ramón Pérez de Felton, in Holguín, affected by a major fire in 2022.
Ensure the financing and execution of capital maintenance at CTE Antonio Guiteras, in Matanzas.
Recover 850 MW of availability in distributed generation: 520 MW in diesel-based engines, and 330 MW in those running on fuel oil.
Progress in the construction of the Herradura I wind farm in Las Tunas, where 22 of the 33 generators planned have been installed, representing 33 MW.
RESULTS AND WORK PROJECTIONS
Argelio Jesús Abad Vigoa, First Deputy Minister of Energy and Mines, while presenting the work results derived from the President of the Republic’s indications in the balance corresponding to 2023, specified that, out of the ten recommendations, four have been fulfilled and six are in process.
He pointed out that, as regards the installation of small photovoltaic systems, mainly for pumping water to supply water to the population and for irrigation, 804 of the 1,071 that have been imported have been installed.
He detailed that all the refined crude oil has been processed, although the processing levels of the industry have not yet been reached.
For his part, Vicente de la O Levy, head of Minem, summarized the main negative impacts of the sector in the previous year, marked by the fuel deficit, the withdrawal of five floating power plants, the shortage of liquefied petroleum gas, and the deterioration of the facilities for electricity generation.
He affirmed that many variables converge in the above, one of them is our own weakness, but the one that has the greatest impact is the intensified blockade imposed by the U.S. government.
DEVELOPMENT OF DIGITAL GOVERNMENT
Regarding the implementation and management of Digital Government strategies, executives stated that progress is being made in the creation of platforms and systems for the management of processes in the Top Management Business Organizations, as well as in the reinforcement of cybersecurity in critical entities.
Regarding the use of electronic payment channels for the commercialization of services, it was reported that more than three million customers regularly make their electricity payments through the EnZona and Transfermóvil gateways. In addition, last year, 76.1 % of the service billing was collected in this way.
The collection management for liquefied gas and manufactured gas services is also tending to increase through these channels.
This working meeting was also attended by the Deputy Prime Ministers, Commander of the Revolution Ramiro Valdés Menéndez and Ricardo Cabrisas Ruiz, as well as other ministers.

U.S. widens the way for the theft of Cuban trademarks

cubaminrex1
Photo: Cubaminrex

The Ministry of Foreign Affairs rejects in the most categorical terms the so-called “Act not to recognize stolen trademarks in the United States” recently signed by the President of the United States, promoted by the anti-Cuban sectors in the U.S. Congress and consisting of a new unilateral coercive measure, which reinforces the blockade against the Cuban economy. It broadens the scope of section 211 of the Appropriations Act for fiscal year 1999, which, according to the Dispute Settlement Body of the World Trade Organization, violates the international system for the protection of intellectual property.

This law deals a new blow to the international system of industrial property protection and confirms the contempt of the United States for the institutions of international law, in particular, the Agreement on Trade-Related Aspects of Intellectual Property and the Paris Convention for the Protection of Industrial Property.

The “Law for not recognizing stolen trademarks in the United States” provides a patent of corse that widens the way to consolidate the theft of Cuban trademarks legitimately registered in the U.S. Patent and Trademark Office.

The attitude of the U.S. government contrasts with that of the Cuban authorities, which have always acted in strict compliance with the international conventions on intellectual property to which Cuba and the United States are parties. Currently, 6,448 U.S. trademarks are registered and protected in Cuba.

Once again, the U.S. Government is giving space to the dark interests of the most aggressive anti-Cuban sectors, whose manipulation of the U.S. political system has become a practice. The same happened in 1996, when the infamous colonial Helms-Burton Act was passed, which some also called the Bacardi Act. With great participation in the drafting of the Helms-Burton Act and the so-called Section 211, Bacardi shares the responsibility for the suffering imposed on Cuba by those who do not accept the course of independence and sovereignty chosen by the Cuban people.

Havana, December 10, 2024

Updated Regulations on the activity of non-state economic actors

Photo: Ricardo López Hevia

This Monday, the Official Gazette of the Republic, in its 78th regular edition, published six decree-laws, two decrees and 11 resolutions of different agencies related to the activity of non-state economic actors.
Lázara Mercedes López Acea, president of the National Institute of Non-State Economic Actors – an entity created by Decree 108 – expressed that these normative provisions are the result of a broad process that began in 2023, and provides for the updating of several laws in force since 2021 related to non-state economic actors.
She added that this update is part of the Government’s projections to correct distortions and revive the economy, and has been consulted with all agencies of the Central State Administration, territorial governments, municipal administrative councils and a representation of economic actors.
On the basis of all the opinions expressed – she said – the regulatory provisions have been updated to maintain the possibility of self-employment activities (TCP), the creation of micro, small and medium-sized enterprises (mipymes), as well as non-agricultural cooperatives (CNA).
The norms provide for tax and accounting modifications for non-state actors, as well as to the normative provisions on the exercise of self-employment, as well as its contraventions; the activities not authorized for TCP, mipymes and CNA; the creation of the National Institute of Non-State Economic Actors; and updates to the bidding procedure, among others.

Photo: Prensa Latina

The arrival in the Russian Federation of Cuban Deputy Prime Minister Ricardo Cabrisas Ruiz responds to an official invitation for Cuba’s participation in the St. Petersburg 2024 International Economic Forum.
The event, convened under the theme The basis of a multipolar world: formation of new points of growth, will be attended by more than 17,000 people from 136 countries.
The agenda of the Cuban delegation, according to a press release, will promote the expansion and diversification of economic, commercial, financial and cooperation relations between Cuba and Russia, considered by the leaders of both countries as allied relations.
In this regard, contacts will be held with official and business counterparts related to the main issues of the bilateral agenda and the agreements adopted to achieve the effective participation of the Russian Federation in Cuba’s National Economic and Social Development Plan until 2030.
There will also be a meeting of co-chairs of the Intergovernmental Commission for Economic-Commercial and Scientific-Technical Relations, where, together with the Vice President of the Russian Government, Dmitry Chernyshenko, the Cuban Deputy Prime Minister will review the fundamental issues dealt with by this bilateral mechanism.
The Cuban delegation is also made up of the Minister of Transport, Eduardo Rodríguez Dávila; Ambassador Julio Garmendía Peña; the First Deputy Minister of Foreign Trade and Foreign Investment (Mincex), Carlos Luis Jorge Méndez; the director of Europe of the Foreign Ministry, Ileana Núñez Mordoche, and the director of Commercial Policy with this region of the Mincex, Inalvis Bonachea González.