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July 18, 2024
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Regime will allow vehicle imports for Cubans on missions abroad and diplomats

auto importado, cuba

SAN LUIS POTOSÍ, Mexico.- This Wednesday, during the third ordinary session of the National Assembly of People’s Power, the advertisement that the green light will be given to the importation of vehicles under certain requirements.

According to the Cuban Prime Minister Manuel Marrerodiplomatic personnel, representatives of companies abroad and professionals participating in collaboration missions abroad, including doctors, will be allowed to import vehicles.

Among the measures announced, said The official said that a new policy for the transfer of ownership of motor vehicles, trailers and semi-trailers, their marketing and importation will be approved. “The complementary regulations for its implementation are in the process of being reviewed,” he said.

Transfer of property will be permitted between individuals and legal entities, except for foreign diplomats, in compliance with tax regulations.

He specified that for the importation of motor vehicles, technical compatibility must be guaranteed. “There have been people here who have embarked and brought one of those ‘jeeps’, and in the end they did not realize that the gasoline in Cuba is not good for that, and it melts.”

The measures also authorize the company Servicios Automotores SA (SASA) to import and sell motor vehicle bodies and motorcycle frames in convertible currencies, exclusively as replacement parts.

However, the number and types of vehicles that non-state management forms (FGNE) can import will be limited.

He added that motor vehicles and bodies available in the country will be sold in Cuban pesos.

Among the changes announced this Wednesday, Manuel Marrero He announced several measures aimed at managing foreign currency, with the aim of partially dollarizing the economy.

With a view to “recovering the value of the Cuban peso”, Marrero The bank announced on Wednesday that it will collect the “excess in circulation” of the peso, advance the partial dollarization of the economy and the banking process, and increase “tax and fiscal collection.”

With the new ones measureswhich repeal the Resolution 115/2020 of the Ministry of Economy and Planning (MEP), a process of cleaning up the foreign currency accounts of state entities and the approval of closed financing schemes for exporters is introduced.

It was also agreed that all transactions within the economy must be carried out in CUP, except for the Mariel Economic Development Zone, authorized retail and wholesale entities in foreign currency, foreign entities and others that are approved.

The specific measures announced by the official include: establishing the payment of tariffs in foreign currency on imports from the non-state sector; gradually and selectively implementing the collection of foreign currency charges for port services; accepting cash in foreign currency in certain sectors and activities, such as tourism.

In this way, the regime will prohibit private businesses – with few exceptions – from charging for their products in foreign currency and will allow payment in foreign currency in cash within the tourism sector. The measure of allowing payment in foreign currency had been prohibited until now because it contributed to the “dollarization of the economy and goes against the process of banking.”

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