Americas Cuban Conundrum

MARKETING 505 Assignment 2 Case 5-1 Americas Cuban Conundrum ABSTRACT This paper analyzes the key consequence that prompted the EU to apply the Helms-Burton junk to the WTO. It will decide who benefits and who suffers from an censor of this type and it explains the rationale tardily the conclusion. It overly presents a steadiness to the job situation among the U. S. and Cuba. last given the trade relations it determines what type of economic barriers would deliver to be overcome by a U. S. firm to conduct lineage successfully in Cuba. Assignment 2 Case 5-1 Americas Cuban Conundrum In 1996, President Bill Clinton signed the Cuban Liberty and Democratic Solidarity Act, also known as the Helms-Burton Act. The Presidents actions came after Cuban MiGs guessing down two U. S. civilian airplanes, killing the four Cuban-Ameri asshole who were on board. (Green & Keegan, 2011) The Helms-Burton freezes the censor against trade with and investment with Cuba. It is a controversial act since it arouses a carry on of negative attention on how the U. S. political sympathies is manipulating its office to impose its political views on other countries economies.The key issue -that prompted the EU to take the Helms-Burton dispute to the WTO -was mainly because they felt that it violated international rules dealing with trade. The EU had a dispute with the U. S. regarding testing agriculture, trade and investments and biotechnology issues which was brought to the attention of the WTO. It felt as if the United States was un justnessfully exercising its jurisdiction extraterritorially, in that it was threatening to revenge lawful activity such as trade, investment, and tourism carried out by the residents of independent countries. It is no exaggeration to say that U. S. olicy toward Cuba is now rejected and shrewdly criticized by the rest of the world. Other nations point out, moreover, that while America insists on hold uping its embargo and other pressures agai nst Cuba because of the latters world rights abuses, the fact is that Washington has close relations withand extends Most Favored Nation treatment tothe Peoples Republic of China, Vietnam, Indonesia, and other states that ar no more democratic than Cuba and generate far worse human rights records, arguing that engagement, trade, and dialogue will do more to communicate depart in those countries than isolation. (Smith, 1998)It is obvious that the embargo affects a great number of people. To be all fair and neutral it would be necessary to highlight that to a certain extent, both countries are suffering and their benefits are minimal from this embargo. If it was to depart and somehow both countries came to an agreement and decided to put it all in the agone and start from fresh, they would both benefit greatly. Production would outgrowth and the producers on both countries would prosper. Cuban resources would be available to the U. S. Market and American producers would mome nt cost effective products that are not available in Cuba.An increase in capital from investors would make the economy run and prosper. A resolution to the trade situation between U. S. and Cuba represent the lifting of abolishment of the embargo. Castros governing and that of his successor, his brother Raul, beget al styles talked a good anti-embargo tho withstand not made the least effort to walk the talk, since this embargo may constitute the real reason of their continued hold on power since it gives an antagonist to the Cuban people, to the Cuban progress and it gives them an enemy to blame for the mischance of Castros socialist revolution.In the U. S. there has been a lot of talk as well. President Obama was in kick upstairs of lifting of the embargo in 2004, ever since his views and actions changed, all the same he continued on implementing new policies that are in favor of establishing some type of relationship with the Cuban community. In 2004 President Obama who wa s thusly a senator said I think its time for us to end the embargo in Cuba, the then-Senate candidate said. And I think that we have to end it because if you think about whats happening internationally our satellite is shrinking, and our biggest foreign policy challenge and it fits directly into the battle on act of terrorism and it fits into issues of trade and our economy is how we make sure that other countries, in develop nations, are providing sustenance for their people, human rights for their people, a basic structure of political science for their people that its stable and secure so that they can be part in a brighter future for the entire planet. And the Cuban embargo has failed to provide the source of raising standards of living and it has squeezed the innocents in Cuba, Mr. Obama continued, and utterly failed in the effort to overthrow Castro, whos now have been there since I was born. So, its time for us to acknowledge that that particular policy has failed. (Sp eigel, 2009) save in 2008 he declared the opposite I will maintain the embargo, Mr.Obama said in a speech in Miami on may 23, 2008. It provides us with the leverage to present the regime with a clear survival of the fittest if you take significant steps toward democracy, beginning with the freeing of all political prisoners, we will take steps to begin normalizing relations. Thats the way to bring about real change in Cuba through strong, smart and high-principled diplomacy. (Speigel, 2009) For change to come about, a major event will have to take place.This situation seems like a non-negotiable on both sides where for the past 50 years they have agreed on disagreeing which isnt the way to change the lives of all those people suffering and all those people that in one way or another are being alter negatively. In the unexpected event that trade relations resume between the U. S. and Cuba, some of economic barriers that would have to be overcome by a U. S. firm to conduct busi ness successfully in Cuba. Firms will eternally be alert to any risk or uncertainty that can bring about the loss of assets or revenue due to fluid legal processes or corruption.Seizure of Assets for example The ultimate threat a government action to dispossess a foreign company or investor. (Green & Keegan, 2011. ) Nationalization, expropriation are eminent threats in country with a dictatorship such as Raoul Castro and Fidel Castro. There would have to be some specific amendments to the international law which will pretty much guarantee to the firms and investors, any assets invested in the Cuban Market. Firms and Investors would have to take extra steps in order to foster their selves and clearly recognize the levels of juridical power for Cuba and for the U. S. s well as proactively protect against corruption and piracy which could be a primary issue in Cuba, with a strong intellectual property protection strategy. whatsoever and all can be done once the embargo is lifted, but this would be the first step to greater changes and reforms, without it everything is only assumptions. This paper analyse the key issue that prompted the EU to take the Helms-Burton dispute to the WTO. It decided who benefits and who suffers from an embargo of this type and it explained the rationale behind the conclusion. It also presents a resolution to the trade situation between the U.S. and Cuba. Finally it has determined what type of economic barriers would have to be overcome by a U. S. firm to conduct business successfully in Cuba. Work Cited Green, M. , & Keegan, W. (2011). Global marketing. (6 ed. ). Upper Saddle River, NY assimilator Hall. Speigel, L. (2009, April 17). Presiden obama-who once supported, but no opposes, lifting the embargo-seeks new beginning with cuba. Retrieved from http//abcnews. go. com/blogs/politics/2009/04/president-ob-19/ Smith, W. (1998). Our impaired cuban embargo.. (Vol. 42).