American businesses preparing to flood Cuba [View all]
American businesses preparing to flood Cuba
Alan Gomez, USA TODAY 4:09 p.m. EST January 27, 2015
MIAMI — American diplomats completed their first high-level meetings with their Cuban counterparts in Havana last week. Now come the suits.
A wave of U.S. business leaders are preparing to flood the island to explore new opportunities and to learn about a market that has been largely closed for 50 years.
As part of the deal between President Obama and Cuban President Raúl Castro to normalize relations, the two sides agreed to open new trade channels for farming equipment, construction materials and a wide variety of other resources for Cuba's emerging private entrepreneurs.
That interest has been so intense that membership in the United States Agriculture Coalition for Cuba, a group of businesses that want to increase trade to the island, has doubled to 50 in the month following the announcement.
More:
http://www.usatoday.com/story/money/business/2015/01/27/cuba-american-business-trips/22362883/
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