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US Approves First American Factory in Cuba in 5 Decades

The U.S. has approved construction of the first American factory in Cuba in more than 50 years, a two-man business that hopes to hire Cuban workers to assemble as many as 1,000 small tractors a year to sell to private farmers in Cuba. Cuban officials have already endorsed the $5 million to $10 million project, to be located in an economic zone near Havana, the Cuban capital. It is the first significant American business investment in the communist nation since 1959, when long-time...

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