In September, the Caribbean island authorized small and medium enterprises to operate in the country, following decades of strict prohibition since the full nationalization of the economy in 1968. It is also readying its crucial tourism sector for the reopening of borders on November 15.
The new business opportunities come after one of the worst economic crises in the nation’s history, in response to which it unified its dual exchange rates on the first day of the year, effectively devaluing the currency. Nascent local entrepreneurs want to take full advantage of the opportunities, but they claim that U.S. foreign...
