Cuba Trade Delegation
On
February 19-22, a delegation of representatives from prominent
U.S. trade associations visited Cuba on a fact-finding
mission to learn more about the Cuban economy and the role
of the private sector. The group visited officials in ministries
with responsibility for trade, foreign investment, basic
industries, tourism and food imports, and met with Ricardo
Alarcon, President of the National Assembly. Upon their
return, delegation members held a press conference to provide
their firsthand perspective on the state of the Cuban economy
and the potential for future U.S. trade with Cuba.
Press Coverage
As printed in
World Peace Herald
March 9, 2007
Businessmen dismiss
Cuban system's imminent collapse
Cuban economy assessed as stable
|
By Steve Hirsch
The Washington Times
Businessmen who recently returned from a visit to Cuba
dismissed the notion yesterday that that country's economy
will collapse with the passing of President Fidel Castro,
or that his death will spur an exodus from the island.
Questions about the effect of Mr. Castro's political
departure or death have taken on urgency since his hospitalization
last year and ceding of power to his brother Raul.
Meanwhile, dozens of federal, state and local agencies
participated with the military in an exercise in Florida
this week to prepare for any influx of Cubans when Mr.
Castro dies.
Wayne S. Smith, a senior fellow at the Center for International
Policy, which sponsored the businessmen's trip, disputed
the idea that Mr. Castro's death or departure would bring
down Cuba's system.
"This idea that the Cuban economy is collapsing and the
regime is on the ropes is absolute nonsense," he said,
adding that Cubans are not likely to flee the island
in the event of Mr. Castro's death.
Efforts have begun in Congress, with its new Democratic
majorities, to chip away at the U.S. embargo of Cuba.
Businessmen who participated in the trip offered cautious
appraisals of economic opportunities for U.S. firms.
Timothy Deal, senior vice president of the U.S. Council
for International Business, said Cuba has reached a critical
point and is "looking to the outside world to provide
new resources."
The U.S. embargo allows certain cash sales of food to
Cuba. Daniel O'Flaherty, vice president of the National
Foreign Trade Council, said the United States is Cuba's
third-largest source of imports, while Cuba is a major
market for U.S. rice, chicken and wheat.
Jake Colvin, director of the pro-trade industry group
USA Engage, said Cuban interest in outside investment
is more limited than its interest in trade but that Havana
has a particular interest in outside investment in the
energy sector, including oil and gas production.
Rep. Jeff Flake, Arizona Republican, said the United
States lacks meaningful information about activity in
Cuba. He previously sponsored legislation to allow U.S.
companies to work with Cuba to exploit oil reserves,
and is likely to introduce similar legislation this year.
U.S. diplomats in Havana, he said, are capable but are "so
totally divorced from reality because ... they can't
meet with the Cuban government."
He termed U.S. diplomacy toward Cuba "sophomoric."
"And then we wonder why we get bad intelligence in Cuba
about the transition. It's because they can't and won't
talk to anybody there," he added.
|
As
printed by
Southwest Farm Press
March 13, 2007
Trade experts offer insights
from mission to Havana
Representatives from prominent U.S. trade associations hosted
a press conference at the National Press Club to provide their
firsthand perspective on the state of the Cuban economy after
returning from a fact-finding mission to Cuba, which took place
February 19-22. Members of the mission met with trade and international
economic officials from the Cuban government to learn more about
the Cuban economy and the role of the private sector. The panelists
were in Cuba as consultants to gather information on a trip sponsored
by, and on behalf of, the Center for International Policy
"This is a critical time in Cuba's history," said Timothy Deal,
Senior Vice President and Head of the Washington, DC office of
the U.S. Council for International Business. "Our trip made clear
that the severe economic troubles Cuba faced following the Soviet
collapse are over. The country is looking to the outside world
to provide new resources."
Consultants on the information-gathering mission included Mr.
Deal, Daniel O'Flaherty, Vice President of the National Foreign
Trade Council; Jake Colvin, Director of USA*Engage; Peggy Rochette,
Senior Director of International Policy for the Food Products
Association; Allison O'Donnell, Director of Government Relations
for the National Retail Federation; Robert Muse, an attorney;
and Abigail Poe with the Center for International Policy.
"Our trip was a rare opportunity to assess firsthand the role
of the private sector in the Cuban economy, and we found a mixed
bag," said Colvin. "There are certainly opportunities for trade
- and probably would be more absent the U.S. embargo - but it
is clear that investment opportunities at this point are more
limited and subject to very specific conditions," he continued.
The group visited officials in ministries with responsibility
for trade, foreign investment, basic industries, tourism and
food imports, and met with Ricardo Alarcon, President of the
National Assembly. Members also toured oil exploration facilities
east of Havana.
"Overall, the economy is probably in better shape than it has
been in years, and Cuba seems quite content to partner with friendly
countries - particularly Venezuela," said O'Flaherty. "What we
saw is that Cuba is charging forward with plans for oil exploration
and expanded tourism facilities with some degree of foreign participation
- and without the U.S."
Robert Muse, an attorney who accompanied the delegation to Cuba,
noted that, with regard to U.S. policy, "Should the U.S. want
to take down its barriers to trade and investment with Cuba,
President Bush and anyone who follows him has the latitude under
current law to allow the resumption of commercial relations between
the two countries."
Wayne Smith, Senior Fellow and Director of the Cuba Program
at the Center for International Policy, said that, "CIP is delighted
that these individuals could bring their experience and expertise
to help evaluate the Cuban economy at this very important juncture."