- CubaNet.org
Castro's economic model insists on failure. Exports and imports in Cuba: the failure of the Malmierca model.
HAVANA, Cuba. ─ Since August 2020, the so-called Malmierca model of export promotion for private agents has been operating in Cuba. To date, no official data have been provided on its impact on the foreign sector. There is only fragmentary information on contracts and sales.
It should be recalled that the model arose for two reasons. First, to alleviate the shortage of foreign currency in the economy as a result of the paralysis of tourism. Second, to place the State as an agent to control the foreign trade activities of private agents, a way to limit enrichment.
The Malmierca model establishes procedures for exports and imports by the so-called "non-state management forms", based on the mandatory provision of foreign trade services through specialized companies dependent on the State.
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