Mike Beall, president/CEO of the NCBA/CLUSA, said cooperative principles will soon become infused in Cuba's economy.

Credit unions in Cuba could be successful, but only if they follow cooperative principles and are established for the good of the Cuban people, participants of a National Cooperative Business Association/Cooperative League of the United States of America press conference said earlier this month.

“We believe that as Cuba evolves, the seven cooperative principles will become part of the DNA of much of Cuba’s economy,” Mike Beall, president/CEO of the NCBA/CLUSA said during the March 10 event in Wash., D.C. “And this will be good for the American consumer.”

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