Assignment On Cuban Trade

658 words - 3 pages

According to "Chief Executive"; April 2000 the average Cuban today earns only about $10 per month an impoverished country by any standard. While the current dictator Fidel Castro, now 73 still in power changes in the U.S. trade embargo is unlikely to change. Even President George W. Bush stated U.S. exports to Cuba could total $900 million in annual sales. However with a $10 a day budget it is hard to see how the Cubans could pay that amount. I argue for the continuation of the trade embargo until Fidel Castro dies then allocate a large amount of resources to the formation of a free market economy in the island nation. Currently 60,000 Americans' travel to Cuba annually, most of them illegally if the trade embargo is dissolved over night this would created an inflow of tourists that the Cuban in fracture in not capable to accommoda ...view middle of the document...

S. will ever back down to a Communist Regime, so the death of Castro may be the only starting point for long-term solution to get a foot hold.This situation is not with out political consequences; Both George W. Bush and Al Gore need Florida to win the presidential election and the public view in Florida is to lift the trade embargo, so even economic conditions may not be the largest deciding factor in the embargo. The office of the U.S. President could have been easily won by taking a publicly supported stance on the Cuban trade embargo. We will have to wait and see if the next election will try to woe the vote of Florida with a proactive stance on the trade embargo.That Helms-Burton Act requires that the 1962 embargo remain in place as long as Cuban Communist Party chief Fidel Castro or his brother Raul remain in the Cuban government. Then in "late May, the Cuban government filed a lawsuit in Havana asking for $181.1 billion from the United States in compensatory and punitive damages. In the lawsuit, Cuba claims the United States is responsible for the deaths of 3,478 Cubans and for the permanent physical damage to more than 2,099 more people. Cuba alleges that "sabotage, bombings and other terrorist acts" directly resulted from the U.S. government's policy toward Cuba since the 1959 revolution. Acts referred to in the suit include the 1961 Bay of Pigs Invasion and a 1997 bombing campaign against tourist hotels in Cuba allegedly masterminded by a U.S.-based Cuban exile group.Blyth said the billion-dollar lawsuit in part is in answer to a federal judge's recent ruling that the Cuban government has to pay $187 million to the families of three Americans killed in 1996 when Cuban military jets shot down two small private planes off the island's coast. (Hotel and Motel Management; Duluth; Sep 20, 1999)"


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