Trade With Cuba. There Are Term Paper

Total Length: 489 words ( 2 double-spaced pages)

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Congress expanded this in late 2000, with the passage of the Trade Sanctions Reform and Export Enhancement Act (TSRA) (unknown, 2003)."

To assist hurricane savaged Cuba, in December 2001, for the "first time in nearly 40 years, ships carrying tons of food from the United States arrived in Havana's harbor -- a move some American farmers and exporters hoped would help open Cuban markets (www.cnn.com/2001/WORLD/americas/12/16/cuban.us.food/index.html)." Cuban importers feel the embargo is ridiculous, stating "American companies are being blocked by their own laws, which don't allow them to participate in the Cuban market (www.cnn.com/2001/WORLD/americas/12/16/cuban.us.food/index.html)."

In 2003, Cuba was not an export partner with the United States, however as an import partner, it received 8.3% of its goods from the United States (http://www.
cia.gov/cia/publications/factbook/geos/cu.html).

Conclusion

The trade relationship between Cuba and the United States continues to be strained, despite efforts for improvements. While the United States contends it will continue the embargo until Cuba allows freedom for its citizens, Cuban importers stress the United States is losing out on a potential market......

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