By Marion V. Ali, Staff Reporter
Cuba and the United States held talks late this past week to improve U.S.-Cuba relations. Cuban President Raul Castro met with a 12-member U.S. Chamber of Commerce delegation on Thursday.
According to Thomas Donohue, the head of the U.S. Chamber of Commerce, the three-day visit “was positive” and he expexted the talks to continue.
The delegation included executives from Amway, a direct-selling mega-corporation and Cargill, one of the world’s largest suppliers of agricultural products and foods.
Currently, Cuba’s 52-year-old trade embargo bans most trade between the two countries.
Under reforms initiated by Raul Castro, nearly 500,000 Cubans have started their own businesses, activity that was strictly forbidden for much of the Cuban revolution.
In March, Cuba’s National Assembly passed a new foreign investment law that aims to attract billions of dollars in international financing.
Despite the changes slowly unfolding in the Cuban economy, it remains unclear if there will be any significant change alteration to the current situation in Cuba-U.S. relations.