"Howard Kveck" <[email hidden]> wrote in message
Quoted message said:
I'm pretty sure that Canada opted out of the embargo. (Confirmation on that, Kyle?) By the way,
have you seen the votes in the UN on ending the embargo? It's been fairly consistently everyone
for ending vs. the US and Israel (and sometimes one other country, like Uzbekistan or the
Marshall Islands) wanting to continue.
Which says a great deal about how other NATO countries are supporting the US on the issue.
Incidentally, I couldn't find anything showing where NATO officially made an agreement to be part of
the embargo, only where the US wanted their compliance.
Quoted message said:Quoted message said:It has only been in the past decade that Cuba has sought foreign investment. Since Cuba
commandeered and nationalized all the foreign businesses in the country shortly after Castro
came to power, I can only imagine that many companies (other than the tourism industry) are
leery
of
Quoted message said:Quoted message said:putting much capital into a business there. Also, (iirc) like the USSR before it, Cuba doesn't
really have a hard currency, making it that much more difficult for foreign investors to justify
the risk.
I think you're probably right there. But it does seem like if we
started
Quoted message said:normalized trade with Cuba, it would likely be the thing that starts the ball rolling to change
the situation for the better.
It would, in the same sense that a healthier economy would improve any third world country's
situation. However, improved trade isn't the whole answer. What is the US's current trade deficit
with China?
I've had the impression that in a way, Cubans view themselves not unlike Aussies and New Zealanders:
being set apart from the rest of the world, they've had to look after themselves and get ahead
through cunning, ingenuity, and hard work above and beyond the typical. I also think that should
economic/political constraints be removed, Cuba would be far ahead of their economically challenged
brethren, as I think the former USSR provided them with intellectual resources that would boost them
beyond a tourism/agriculture based economy.
Should the walls of the embargo come down, I am afraid that the exploitation of the island and it's
people would be quick and would be enormous. IIRC, it was rumored that the Cuban American National
Foundation (one of the most ardent supporters of the embargo, BTW) has had plans in place for years
to be the force behind a new government in Cuba. Unfortunately for them, their most visible leader,
Jorge Mas Canosa, did not manage to outlast Castro and passed away in 1997.