On June 16th, 2017, President Trump’s administration announced the general framework for the new U.S. Cuba policy. Formal implementation of the new policy will take place once the U.S. Treasury Department issues the updated regulations expected sometime this Fall.
Highlights of the new Policy:
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We only want to clarify that we are an independent consultancy firm and that we have no ties to the Cuban Government, except for the experience of many years of professional work done in Cuba within the state and private sectors. You can read more news from Cuba Standard at www.cubastandard.com.
U.S. consulting firm offers strengths on Cuban side
(Cuba Standard, Vol 24 NO. 11)
U.S. companies are beginning to contemplate renewable-energy projects in Cuba, executives with a little-known Miami-based consultancy have moved into the spotlight recently.
Three-year old Cuba Strategies Inc. (CSI) dedicates itself to providing consultancy services to international entities intent on investing in Cuba’s emerging renewable-energy sector. Unlike other U.S.-based Cuba trade consultants, whose real expertise has been within the U.S. legal realm, the Cuba Strategies team — consisting of a mix of MBAs, attorneys and entrepreneurs — is relevant to prospective investors because of its ties to the Cuban government and state entities, as well as its knowledge of Cuba’s arcane legal system.
The U.S. Senate Appropriations Committee voted to include four amendments that favor further relations with Cuba, as part of an appropriations bill for the next fiscal year.
Among the most important amendments is the removal of the travel restrictions that prevent American tourists from visiting the Island. The amendment was introduced by Senators Patrick Leahy, Democrat of Vermont, and Jerry Moran, R-Kansas, and was approved by acclamation.
A Cuban delegation, headed by the Minister of Agriculture of Cuba, Gustavo Rodriguez Rollero, concluded today his visit to the United States, at the invitation of the Department of Agriculture of that country.
According to the report of the Ministry of Foreign Affairs of Cuba, the Cuban Minister held meetings with Thomas Vilsack, Secretary of Agriculture, as well as the deputy secretary, Michael Scuse; and with the Secretary of Commerce Penny Pritzker. The Cuban delegation visited places of interest related to the production and research in the state of Iowa and there they exchanged with farmers and experts.
The filming for the upcoming sequel to the saga of "The Fast and the Furious" is underway in Havana these days. It is the first blockbuster that devotes a significant part of its production to be held in Cuba, with a cast of the level of Vin Diesel and Michelle Rodriguez, actress and American model of Dominican-Puerto Rican descent, who posted on her instagram profile:
The recent exchange between officials of Cuba and the United States is building a more favorable framework for the relationship between the two countries.
From March 28 to April 1st, a delegation from Cuba’s Ministry of Public Health, headed by the Minister, Dr. Jose Angel Portal Miranda, visited the United States. The visit included meetings with high-level Americans, including the deputy secretary and general managers of the Department of Health and Human Services.
Starwood Hotels and Resorts has announced that they have signed an agreement for the administration of three hotels in Cuba. Almost 60 years have passed since an American hotel company last had operations on the Island.
The company obtained authorization from the Treasury Department to operate the following hotels in Cuba: The Hotel Inglaterra and the Hotel Fifth Avenue, both in Havana and the Hotel Santa Isabel, a planned luxurious collection property as outlined in an executed letter of intent.
The President of the United States, Barack Obama, is in Cuba on an official visit that began yesterday and will run until tomorrow. Air Force One landed in Havana with the first family under a nonstop drizzle, with millions of attentive viewers around the world, as well as thousands of Cubans who came to the streets of Havana to welcome POTUS.
The governments of Cuba and the United States signed a historic agreement on civil aviation last month that includes regular routes, nonexistent for over 50 years. U.S. airlines have wasted no time in submitting their applications to the Treasury Department, including United, Delta or American Airlines.
It is becoming commonplace that the President of the United States refers to the state of relations with Cuba in the State of the Union address. In his speech back in 2015, he referred to the old policy of isolating Cuba as an expired policy. In 2016, he reaffirms his intention to implement policies that improve the lives of the Cuban people and calls for the lifting of the embargo.
In his words: "“Let me give you another example. Fifty years of isolating Cuba had failed to promote democracy, and set us back in Latin America. That’s why we restored diplomatic relations -- (applause) -- opened the door to travel and commerce, positioned ourselves to improve the lives of the Cuban people. (Applause.) So if you want to consolidate our leadership and credibility in the hemisphere, recognize that the Cold War is over -- lift the embargo”