Everybody’s talking about Cuba

Nancy Marshall-Genzer May 28, 2014
HTML EMBED:
COPY

Everybody’s talking about Cuba

Nancy Marshall-Genzer May 28, 2014
HTML EMBED:
COPY

The U.S. Chamber of Commerce is leading a delegation to Cuba this week to, in its words, “develop a better understanding of the country’s current economic environment.”    

“One thing it will do is open people’s eyes to some of the opportunities that may be down there, ” says former Deputy Secretary of State and National Intelligence Director John Negroponte. Negroponte, who is not on the trip, now heads the Americas Society/Council of the Americas and recently signed a public letter the Society sent to President Barack Obama, asking him to ease U.S. sanctions on Cuba while continuing to push for human rights reforms. 

Why all this attention to Havana now? It’s partly because the administration has already eased up a bit.

“We should broaden out what is in our national interest to do with Cuba,” says Ted Piccone, acting vice president of the Brookings Institution’s foreign policy program. “It’s in our interest to have better relations with the country.”

Texas A&M study says if the U.S. ended travel and financial restrictions on Cuba, the U.S. would be $1.1 billion richer. 

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.