HAVANA, Cuba — Cuba is moving into a new phase of economic reform, with authorities beginning to implement measures designed to expand private-sector activity and attract new investment to the island.

The reforms follow the approval of 176 economic and social measures aimed at changing how state and private businesses operate across key areas of the economy.

New rules are creating additional opportunities for private companies, foreign investors and Cuban entrepreneurs, including changes affecting tourism, foreign trade, energy, agriculture, banking and business ownership.

Authorities have already begun allowing private businesses to participate more directly in fuel distribution, while the government is also advancing measures that could expand private tourism operations and foreign investment.

The reforms also include plans to make it easier for larger private companies to operate and allow individuals to own more than one business, potentially creating a broader commercial environment for Cuban entrepreneurs.

Tourism is another major focus, with proposed opportunities involving private agencies, tourism services, marinas, real estate development and new investment models.

For international investors, the changes could eventually provide greater access to sectors previously dominated by state enterprises. However, implementation is expected to take place gradually and businesses will continue to operate within Cuba's regulatory framework.

The reform programme represents one of the most significant changes to Cuba's business environment in decades, as Havana seeks to increase production, attract capital and strengthen economic activity.

The coming months will be closely watched by Cuban entrepreneurs, foreign investors and tourism operators as the government translates the approved measures into specific regulations and commercial opportunities.