Cuban economy needs ‘urgent changes’ as US blockade deepens crisis, says president
Cuban President Miguel Díaz-Canel has stated that Cuba's economy requires "urgent and necessary changes" to address a crisis exacerbated by a US oil blockade. Speaking to Communist party leaders, he acknowledged the need to overhaul the country's communist model, citing China and Vietnam as potential models for economic opening.

Briefing Summary
AI-generatedCuban President Miguel Díaz-Canel has stated that Cuba's economy requires "urgent and necessary changes" to address a crisis exacerbated by a US oil blockade. Speaking to Communist party leaders, he acknowledged the need to overhaul the country's communist model, citing China and Vietnam as potential models for economic opening. These remarks, broadcast on Thursday, come as the government aims to fast-track changes to boost the private sector amidst economic hardship. Díaz-Canel admitted that internal obstacles, such as bureaucracy and delayed decisions, also contribute to the crisis, in addition to external pressures. The proposed changes have received backing from former president Raul Castro.
Article analysis
Model · rule-basedKey claims
5 extractedChina and Vietnam are cited as possible models for opening Cuba's economy.
President Díaz-Canel acknowledged obstacles to economic improvement that do not come from outside or the blockade.
Cuba's economy needs urgent changes to overcome a crisis intensified by a US oil blockade.
Former president Raul Castro backed the proposed economic changes.
The US oil blockade imposed by Donald Trump has brought Cuba’s economy to the brink of collapse.