U.S. QUICKLY EXPANDS TRADE & TRAVEL WITH CUBA
This didn’t take long did it? Less than a month after normalizing relations with Cuba new less restrictive rules regarding trade and travel were issued by the U.S. The main thrust is that Americans who want to travel there no longer need a special permit to do so, which will increase travel. On the trade side, Americans can now export telephones, computers and internet technology, all of which are hard to find in Cuba today. This clearly is laying the groundwork for more, which should come soon. You see it is simple. Cuba is a country lacking infrastructure in many areas. They cannot manufacture it themselves so they have to buy it (this also includes food). By normalizing relations U.S. companies will be able to compete for this sizable business, along with the rest of the world. As I said before, this will become a boom for Florida’s economy at some point. Perhaps sooner than later and here is why. Right now there are not enough hotels to accommodate more visitors, and it will take years to build them, assuming something can be worked out with the Cuban government to allow it. But they do have several deep water ports which could accommodate cruise ships, ports that have largely been unused for 50 years. This is how it will begin, and it will further increase port traffic (which benefits Florida). So you can see that Florida is uniquely positioned to benefit from these new relations with Cuba, and that is exciting. And I think it will eventually bring about change in Cuba, which the people there so desperately want (even more exciting!). It just might take a little time, but it is inevitable. As always thanks for reading and have a great day.
Moving swiftly, US eases travel and trade rules on Cuba
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