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The Pros And Cons Of The Cuban Embargo

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The new era began, Barack Obama and Raúl Castro announced that the United States of America and Cuba will restore full diplomatic relations for the first time in more than 50 years since severing ties in 1961. Barston 2006, defines diplomatic relations as “the art and practice of conducting negotiations between representatives of states. It usually refers to international diplomacy, the conduct of international relations through the intercession of professional diplomats with regard to issues of peace-making, trade, economics and culture” (p. 1). One of the major areas it will address is the lifting of the Cuban embargo. The embargo restricts trade, travel and communication between the two states which hinders the economic development of Cuba. …show more content…

“Raw sugar accounts for one quarter of Cuba’s export less than half a billion dollars” (The Economic Impact of Better US-Cuba Relations, 2015). Ending the embargo “Cuban exports can go from $0 to 5.8 billion” (US Cuba Embargo Pros and Cons: Renewed Relations Sets Caps and Limited Success for Businesses). Both economics can benefit massively from lifting the trade embargo this is because one of the most imperative exports of the Cuban economy is nickel. Nickel a mineral used in many industrial processes such as the creation of stainless steel, it can be a major use to the United States economy because it imports around 43% of nickel from the rest of the world therefore Cuba could benefit by entering the United States market. Cuba’s major import is refined petroleum which the United States is one of the largest producers of, the Cuban economy also imports wheat corn, meat, milk and soybeans which the United States also produces. Additionally, Cuba also exports rum and tobacco(cigars) which are said to be legendary in the United States. With the lifting of the embargo these products can be exported to the United States because Americans loves these clichés also, these exports can lead to a major enhancement in the Cuban economy because trade increases sales and profits, strengthen local competitiveness and diversification. Together the countries will be able to trade mutually and exchange …show more content…

According to Scola (2014) “It is estimated that only 5 percent of the Cuban population has access to the open Internet”. All Internet connections in Cuba are available exclusively through Empresa de Telecomunicaciones de Cuba S.A. (ETECSA). Because wireless Internet service is not available to the general population, landline Internet is the sole means of connecting people in Cuba to the Internet. The combination of inadequate infrastructure and the government’s deliberate policy which controls access to the internet have produced an extremely slow service that is not widely available throughout the population. With better diplomatic relations with the United States the Cuban government can benefit greatly from telecommunications mostly internet advancements which can positively affect the economy in many ways. First, it can reduce the cost of production. Second, it can increase revenues. Third, it can increase employment through both direct and indirect effects and lastly it provides channels of communication to avert humanitarian disasters and assist in reconstruction efforts. The United States help the Cuban economy to develop the telecommunications by providing the country with many of the technological infrastructures needed to become

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