The United States Announces Import Guidelines For Cuban Products
Late last week, the United States government published new guidelines that will apply to imports from Cuba. This decision signifies a lessening of some, but certainly not all, economic barriers between the two nations. Bruce Karatz says however, it remains unclear how extensively the new guidelines will promote the development of commercial contacts between the United States and Cuba, which for many decades have remains restricted as reported by NNDb.
About three years ago, the government of Cuba began allowing workers to create collectives in some industries. Today there are about 500 of these organizations operating in Cuba. The new U.S. guidelines still prohibit commerce with the Cuban government, but the regulations will allow individuals and entities that can establish they are non-government affiliated, to conduct limited trade with the United States. Potentially, some of the collectives will engage in exporting goods and services to the United States.
Some sources estimate that today, nearly half a million Cuban citizens work in the private business sector in Cuba. Of these people, almost a quarter engage in three types of commercial activity: food sales, transportation and housing rental services. Some sources see the biggest impact of the new guidelines as potentially U. S. based firms beginning to hire Cuban workers for outsourced contracts, since many product imports are still restricted.
Potentially, Cuban workers will book hotel reservations, translate documents, program computers, repair household items and watches, and export plastic shoes to the USA.