US-Cuba Relations

Thesis: The US must actively support Cuba and it’s growth by installing large companies in the country.

The United States and Cuba have begun to improve relations and it should be positive for both parties, especially Cuba. Cuba has long been shut out from the US and all it has to offer. Due to conflict because of its communist regime, a strict trade embargo was enacted. This shut Cuba off from much of the outside would and left the county behind many of its neighbors. This past December, change began to take place as the US and Cuba made strides towards diplomacy. According to an article published at the time when the announcement was made, “Word of the massive change was met with passionate opinions and some protests in the United States. And tearful celebrations erupted in the streets of the island after President Raul Castro announced the news in a televised address.” http://www.cnn.com/2014/12/17/politics/cuba-policy-change-reaction/. This shows just how long the citizens of Cuba have been waiting for this news. It is monumental and they know it will improve their standard of life.  Large companies have the potential to enact this change. They can make a substantial change and reap profits while they are at it.

Leaders from the United States and Cuba met in Panama today to discuss relations between the two countries. While things have improved, they are still not perfect. According to the article, “An informal, face-to-face discussion between President Barack Obama and Cuban President Raúl Castro will symbolically punctuate their agreement in December to end to more than five decades of Cold War enmity. But the two governments have yet to resolve some key issues, including Havana’s demand that the U.S. remove Cuba from its list of countries that support terrorism.” http://www.wsj.com/articles/americas-summit-puts-focus-on-u-s-cuba-thawand-remaining-hurdles-1428525510. While this may not help either of the two countries per say, it will build on relations and make an increased trust in Cuba by the United States.

The United States must begin to help the country grow and become modernized. Cuba offers incredible growth opportunities for large US corporations. Cuba has been untapped and has been stuck in the past for decades. This is why large US corporations should go in and tap this potential new client base. It would be a nice source of revenue for companies but more importantly, it would help Cuba grow and become a country that could one day, become a democracy. The US must look at its relation with Cuba as a chance to foster positive relations and turn it into a democracy.

 

One thought on “US-Cuba Relations

  1. Curtis Simeral

    I wonder what Cuba really brings to the table to offer to large U.S. corporations that they don’t already enjoy? It seems to me that this would be a case of the snake eating its own tail with firms setting up in Cuba and only reaping rewards because of employment that they provide. I guess what I am getting at is, what does Cuba bring to the table that isn’t already available to corporations that would be significant enough to get them to invest?

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