AREQUIPA, Peru – Eduardo Rodríguez Dávila, Minister of Transportation in Cuba, announced the delay in the entry into force of the updates to the vehicle marketing policy in the country.
Through a publication On Facebook, the owner explained that although the provisions were expected to be implemented by these dates, the process has required “more time than expected”, due to the need to adjust the rules with the organizations and entities that participate.
“We understand the concerns of all those who are anxiously awaiting the legal regulations that support the announced decisions,” acknowledged Rodríguez Dávila.
The update of the policy contemplates aspects such as the transfer of ownership of motor vehicles and the marketing in freely convertible currency. It was approved in Decree 83/2023, aimed at optimizing access to vehicles and generating income for the recovery of public transportation in Cuba.
At the end of last July, the Minister of Transportation commented the measures related to the importation and marketing of vehicles announced by the Prime Minister of the Island, Manuel Marrero Cruzin a session of the National Assembly of People’s Power.
Before the deputies, the premier of the Cuban regime indicated that “the import and marketing of vehicles in convertible currencies was maintained and the sales prices were adjusted so that they would not vary whether the buyer is a legal or natural person.”
However, he also specified that, for natural persons, “prices will be lower than current ones.” Likewise, tariffs, customs services and taxes will be in convertible currencies.
In relation to the authorization for the transfer of property between natural and legal persons, he pointed out that state legal entities will need authorization from the Council of Ministers to transfer ownership to a non-state entity.
For his part, Rodríguez Dávila highlighted that vehicles in good technical condition that are available in the Cuban market would be marketed in national currency, including those that conclude their exploitation in tourism.
Likewise, he then announced that the measure would be carried out “in accordance with different priorities in the context of the Economy Plan.”
Marrero Cruz highlighted that updating this policy “will facilitate the access of people, with the capacity to do so, to different alternatives to satisfy their mobility needs from their own resources.”
According to the authorities of the Cuban regime, this measure responds to the requests of the population in recent years and will contribute to “modernize vehicles in the country, achieve greater road safety, stimulate national production and assembly, and encourage greater use of “clean energy vehicles.”
