Among the proposals presented at the Third Extraordinary Session of the National Assembly of People's Power, the creation of mixed enterprises and international economic association contracts with foreign capital is contemplated.

It is also foreseen that businesses with foreign capital may open bank accounts abroad without prior authorization, subject to prior notification to the Central Bank of Cuba and the National Tax Administration Office.

The transformations include the elimination of the mandatory use of hiring entities to contract personnel, the reduction of deadlines and documentation in approval processes, and the application of positive administrative silence for the issuance of licenses.

In the realm of foreign trade, it is proposed to promote exports through the decentralization of powers, differentiated incentives, and productive integration with foreign capital, as well as allowing private enterprises and cooperatives to carry out foreign trade activities directly.

It is also foreseen to expand the scope of partial dollarization of the economy in inter-company and commercial operations.