From 28 March 2022 to 3 April 2022, seven hundred and twenty (720) privately-owned companies participated in the first-ever government of the Republic of Cuba officially-sanctioned event designed solely to promote privately-owned companies. There are approximately 2,523 privately-owned companies registered in the Republic of Cuba- 28% participated in the Havana Local Development Fair at the ExpoCuba fairground.

United States Department of State
Washington DC
15 April 2022

State Department spokesperson: “The Administration encourages the growth of a Cuban private sector independent of government control. The U.S. Embassy in Havana regularly meets with members of the Cuban semi-private sector and hosts topical discussions related to business development and economic growth. The Department also supports private sector development and entrepreneurship training through the Young Leaders of America’s Initiative, the Academy for Women Entrepreneurs, and other Embassy exchange programs.”

Link To Related Analysis

Another Biden-Harris Administration Missed Opportunity: U.S. Investors & Financial Companies Should Have Been Permitted To Sponsor, Participate In Cuba's First Trade Show For Private Companies. April 03, 2022

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U.S. Department Of State Provides Statement, But Not Answer To Question: Did A U.S. Embassy Representative Attend The Havana Local Development Fair. Why Won't They Answer?

U.S. - Cuba Trade and Economic Council, Inc.