Cuba Opens Up Sale Of New And Used Vehicles -official Media

There are now tens of thousands of small private businesses in Cuba, and thousands of farm, construction, transportation and other types of cooperatives, all of which should benefit from the new regulations. Many Cubans who receive money from relatives living abroad should also be helped. Before September 2011, only automobiles that were in Cuba before the 1959 revolution could be freely bought and sold, which is why there are so many 1950s or older cars, most of them American-made, rumbling through Cuban streets. There are also many Soviet-made cars, dating from the era when the Soviet Union was the island's biggest ally and benefactor. Newer models are largely in state hands and sold used at a relatively low price to select individuals, for example, Cuban diplomats and doctors who serve abroad, then often resell them at four or five times the price. <br>For the original version including any supplementary images or video, visit http://www.reuters.com/article/2013/12/19/cuba-vehicles-idUSL2N0JY0K520131219

‘Verbal’ order from Biazon allowed used-car salec

156 and No. 418, both issued by former President Gloria Macapagal-Arroyo. EO 156, signed by Arroyo in 2002, bans imported used vehicles, with exceptions. In 2005, she issued EO 418, which allowed used-vehicle importation, but modified tariff rates on the imported units. But BOC officials here said no official directive had reached their office, forcing them to clear the registration of the vehicles. <br>For the original version including any supplementary images or video, visit http://newsinfo.inquirer.net/548089/verbal-order-from-biazon-allowed-used-car-salec

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