Cuba's deputy prime minister, Oscar Pérez-Oliva Fraga, has announced that Cuban nationals living abroad will be allowed to invest in the private sector and own businesses in their homeland. This comes as Fraga attempts to revitalize Cuba's economy with reforms aimed at creating a "dynamic business environment". However, the United States' "blockade" by the country is hindering these efforts, as Cuba is dealing with an energy crisis, violent protests, and public pressure from the Trump administration. Fraga also mentioned that Cuba is open to having a fluid commercial relationship with U.S. companies and their descendants. The news was first reported by the Miami Herald, and comes as the Cuban government confirms it is in talks with the administration of President Donald Trump.