Cuban Embargo Challenges

The challenges that US companies face in doing business with Cuba are in many different ways. The legally prohibiting of business and finance is expensive and the embargo does hurt the Cuban economy, as well as cost US organizations a lot of money. Indeed, the Cuban government had estimated that embargo costs $685 million every year but for the United States, it’s even more than $1.2 billion in forfeited profit each year.

Cuba has its people have faced many difficulties many professionals like teachers, lawyers, doctors and engineers etc who graduated in Cuban universities but most of them don’t have practical expertise. Even the Cuban population presents challenges. Most of 11 million citizens will welcome an influx of U.S. capital, products,