Informacion economica sobre Cuba

Cuba’s official reaction to Obama easing embargo restrictions? Protests
Published October 19, 2016 Fox News Latino

With just three months left in his presidency, Barack Obama on Friday
announced changes in U.S. policy that amounted to one last, bold move
toward normalizing relations with Cuba.

The changes included stepping up joint medical and scientific research,
increasing commerce between the two nations as well as people-to-people

But the effort by Obama to make the United States kinder and gentler in
its approach to Cuba is not being reciprocated.

At government-organized rallies and protests across Cuba this week,
speakers have denounced the U.S.-Cuba trade embargo, depicting it as an
obstacle to any meaningful warming of relations.

The protests carried the slogan, “Hornet’s nests against the blockade” –
as the embargo is called in Cuba – according to the Miami Herald.

“Obama is finishing his term, but the blockade remains,” Josefina Vidal,
head of the U.S. Department at the Cuban Foreign Ministry, said at a
rally held at the University of Havana.

“It’s hard work to implement and carry out” the changes implemented by
Obama’s executive orders, she said, according to the Heral, “because
they retain restrictions that do not allow us to move forward.”

The Castro government’s message, echoed in remarks by Cuban officials
since the first steps toward normalized relations were announced in
2014, is that the island nation cannot – or will not – fully commit to
the journey to restored diplomatic and economic partnerships with the
United States so long as the embargo remains.

Vidal said the Obama administration’s unilateral moves were commendable
but that they have been more beneficial to “the United States than [to]
Cuba and the Cuban people.”

The new regulations, which took effect Monday, and are issued by the
Departments of Commerce and Treasury, will pave the way for importing
Cuban pharmaceuticals and for Americans to deal more directly with the
new crop of Cubans who are running their own business ventures.

One of the key changes in the presidential directive – noted prominently
in social media posts and news reports – calls for eliminating the $100
limit on the value of Cuban rum and cigars that American travelers can
bring back from the island.

Some Cuba experts and those who have been involved in trying to do
business in Cuba say the embargo poses problems for many considering
investing in Cuba.

“Nothing will happen with the big American companies until the embargo
is lifted,” Saul Berenthal, president of Cleber LLC, which plans to
assemble farm tractors in Cuba, told the Herald.

Vidal said that the United States still does not permit sectors other
than telecommunications to invest in Cuba, and that neither U.S. exports
to Cuba nor imports from Cuba have increased to any great extent.

A big impediment, Vidal told the Herald, are restrictions in U.S. bank
dealings with Cuba.

“Until today, Cuba has been unable to make deposits … or make payments
to others” in U.S. dollars, she said. “Banks around the world are still
terrified to work with Cuba.”

Some experts say that Cuba itself has posed obstacles, not fully
cooperating with efforts aimed at attracting more investors.

“We have designed the policy very much to have the maximum benefit to
the Cuban people broadly. But in so doing, we are not restricting
engagement with the Cuban state,” one high-ranking U.S. official said
recently in a teleconference with journalists.

Other experts believe that Cuba’s half-hearted approach to normalizing
relations is a tactic to force more out of the United States.

“It is not surprising that the Cuban government is waiting as long as it
can, thinking that the longer it waits, the better deal it can get,”
said John Kavulich, president of the U.S.-Cuba Economic and Trade
Council. “This is a strategy that makes sense because the Obama
administration is willing to do anything to create a commercial,
economic and political scenario that can survive” the end of his presidency.

Source: Cuba’s official reaction to Obama easing embargo restrictions?
Protests | Fox News Latino –

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