Cuban foreign minister criticizes international economic order

Cuban Foreign Minister Bruno Rodríguez has criticized the world economic order and called for a change to a more just and democratic one.

According to his comment on the social network X, “58.9 percent of the reserves allocated by central banks around the world are in dollars.” This, the Foreign Minister added, is an “advantage that the North exploits to snatch almost a trillion dollars a year from the South.”

“There is an urgent need to create a new international order that guarantees the right to development of all states,” he summarized.

In various national and international forums, Cuban authorities have called for reforms to the World Bank, the International Monetary Fund, and the World Trade Organization, among other multilateral institutions with essential roles in global economic dynamics.

For the Cuban government, the international economic order must guarantee sovereignty, peace, balance, environmental sustainability, and equal opportunities for growth for all nations of the world.