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  • [MUSIC PLAYING]

  • Between them, the Castro brothers

  • have ruled Cuba for 60 years.

  • And it used to be said that the Caribbean island never changes,

  • but old age has made change biologically inevitable.

  • And Raul steps down as president on April 19, aged 86.

  • What will that mean for the economy

  • and the communist country's small band of entrepreneurs

  • and self-employed?

  • [NON-ENGLISH SPEECH] ( The transition from Raul ) is a natural change

  • that follows the laws of existence. It's a generational change.

  • Still, generational change also implies a change of perspective

  • The economy has been hit by Hurricane Irma and the halving

  • of aid from Venezuela.

  • It's estimated to be a third smaller than it was in 1985.

  • But US President Donald Trump has also

  • had an effect, after partially reversing

  • a detente launched by his predecessor, Barack Obama.

  • The number of international visitors had been rising,

  • but has been badly hit.

  • [NON-ENGLISH SPEECH] It's logical because you open a webpage of say TripAdvisor in Miami or somewhere else

  • [NON-ENGLISH SPEECH] and if you search for Cuba you get a warning message from the US states

  • Obviously that has an impact, and it is that Americans don't come.

  • For us 'Trump effect' has been brutal.

  • It's as if the (economic supply) chain has broken.

  • Because we have less work, they (other business) have less work too.

  • The impact has been very strong.

  • Other US measures such as an Internet Task Force

  • to expand the flow of information on the island

  • are at risk of backfiring.

  • [NON-ENGLISH SPEECH] We could be cast as being part of that US initiative to undermine Cuba.

  • [NON-ENGLISH SPEECH] Instead of helping us, the initiative hurts.

  • Vice President Miguel Diaz-Canel is Castro's likely replacement.

  • The 57-year-old has lashed out at dissidents,

  • independent media, and foreign embassies.

  • Under Raul, 580,000 self-employed businesses

  • were created, but now, they fear a looming government

  • economic reform package.

  • And there is added uncertainty of new private sector regulations.

  • [NON-ENGLISH SPEECH] I imagine that studies they are making will be better to Cuban economy,

  • and I think there should be more allowance given to Cuban entrepreneurs to help their country

  • But we have to wait and see. From crisis come big changes.

  • It's a vulnerable moment for the Communist Party and for Cuba.

  • Liberalising the economy would inevitably

  • loosen the party's grip on power.

  • The litmus test for the new leadership

  • will be crackdown or reform.

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