The Fate of the U.S. Embargo on Cuba

The Fate of the U.S. Embargo on Cuba

Economic ConditionsThe Los Angeles Times  reported today that the international community has been trying to pressure President Obama to lift the U.S. embargo on Cuba.  An embargo that almost every country opposes.

In the past few months, the Obama administration has in fact taken steps to ease some of the sanctions that prior administrations have imposed on Cuba.

For example, the U.S. government has removed restrictions on sending remittances, has allowed limited travel to Cuba by Cuban-Americans to visit relatives, and has created a path for potential business negotiations between U.S. telecommunications companies and the Cuban government.  In response, Cuban government officials have opened some dialogue with the U.S. government on immigration issues.

For the time being at least, the President has said he will maintain the now 47-year-old embargo as leverage to pressure the Cuban government for political change.  However, some of the President’s supporters have said that he is acting too slowly in normalizing relationships between the two countries.

The rest of the world is against the American government’s position regarding the embargo against Cuba, but for now, we will continue to monitor the developments to see if the embargo will be lifted.

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