As China looks to continue its relationship with Cuba, the U.S. may be open to ending the import embargo. CCTV’s Nitza Soledad Perez has insight into the Caribbean region’s growth.
U.S. President Barack Obama recently sent a message to Cuba that he was open to ending the embargo on Cuban goods. The U.S. Chamber of Commerce is also lobbying the White House and Congress to end the embargo due to Cuba’s promised human rights reforms.
According to a recent UN report, the Caribbean economy is expected to grow 3.6 percent this year, which is higher than the projected growth rate of Mexico and Central America.
Although there are no set plans for an end to the U.S. embargo with Cuba, the growth of the Caribbean economy may affect both the U.S. and China in the future.
Caribbean growth could mean new trade policiesAs China looks to continue its relationship with Cuba, the U.S. may be open to ending the import embargo. CCTV's Nitza Soledad Perez has insight into the Caribbean region's growth.
Peter Hakim, the President Emeritus of the Inter-American dialogue, joined CCTV’s Elaine Reyes for more insight on the developments in Latin American relations.