Minister of Industries, Eloy Alvarez.

Havana, Jun 14 (RHC)-- The new actors of Cuba's economy accompanied by industrial capacities could provide solutions to the country with fewer imports, said the Minister of Industries, Eloy Alvarez.

In statements to Prensa Latina, Alvarez stressed the need to reduce imports, provide solutions to the demands of strategic sectors, and obtain greater sovereignty with intelligence, talent, creativity, and innovation.

There is, he assured, an enormous potential that needs to be tapped,  the state enterprise with its industrial capacities and the private sector with its own.

This will make it possible to build the framework that the country needs to satisfy a demand or a problem in the economy.

Alvarez stressed that it is necessary to build with fewer elements acquired abroad, he said, due to economic limitations, in part, and because of the effects related to the U.S. blockade.

The minister added that in the economy's current context, the participation of all the actors is undoubtedly essential for the island's development.

On the occasion of the 2nd Cuba 2022 Productive Economic Conference, Alvares exchanged with representatives of the private sector to identify some of the problems faced by this sector.

They discussed how to advance in a relationship that allows increasing production and services to respond to the demands of the strategic sectors and the population.

From the micro, small and medium-sized enterprises, the shortage of supplies and inputs, the potential of idle or slow-moving inventories, and the need to avoid the disposal of elements that could still have a useful life were made visible.

The 2nd  Cuba 2022 Productive Economic Conference wound up on Tuesday in Havana and was sponsored by the Chamber of Commerce and the National Association of Economists of Cuba.