Cuba says U.S. sanctions are blocking its efforts to open the economy to private investment

The United States has demanded that Cuba open up to private investment, and Cuba has passed sweeping reforms to try to encourage just that.

“What are you afraid of?" Ambassador Ernesto Soberón Guzmán asked hypothetically. "Why do you need to implement almost every two weeks new sanctions?”

Guzmán said the sanctions are the main obstacle to Cuba opening up its economy.

The United States has demanded that Cuba open up to private investment, and Cuba has passed sweeping reforms to encourage just that. So Cuba’s UN ambassador says he wants to know why Washington keeps piling on sanctions that stymie the very economic opening it has sought for decades.

Cuba says US sanctions are blocking its efforts to open the economy to private investment  AP News