Havana, June 3 — Avia.pro. Cuba's economic system has reached a critical point after months of fruitless bilateral negotiations with the United States, according to the international analytical publication Financial Times, citing expert assessments of the situation in the region.

According to defense and economic analysts, the Cuban economy is currently experiencing a massive collapse, the kind typically seen only in wartime. This situation is the result of both severe sanctions pressure from Washington, including the effective cessation of oil imports, and internal governance failures. In the absence of the large-scale external support previously provided by the Soviet Union and Venezuela, official Havana has virtually no alternative but to conclude an agreement with the United States requiring economic liberalization, an expanded role for the private sector, and moderate domestic political reforms.

The Cuban leadership fears that opening the market and allowing foreign investment from the diaspora will trigger processes that could lead to their loss of power. At the same time, refusing to yield to American pressure, perceived by the republic's leaders as a betrayal of the ideals of the revolution, threatens to further exacerbate the humanitarian crisis and increases the real risk of direct intervention from Washington.