Cuba's Risks or Rewards?
Experts warn the foreign investors will be looking for a functional legal system and a willingness to take disputes to international arbitration before they will invest big dollars in Cuba.
June 02, 2015 at 09:52 AM
15 minute read
If there was any doubt about the pent-up U.S. demand for doing business in Cuba, Cargill Inc.'s story might clear it up.
The Minnesota-based international agricultural conglomerate started eyeing Cuba with interest, and preparing for a policy change, more than a decade ago. Last year, it started meeting with like-minded organizations to advocate lifting the half-century-old U.S. embargo on trade with the island.
They were just about to announce the formation of the U.S. Agricultural Coalition for Cuba when they—and just about everybody else—got a surprise. On Dec. 17, President Barack Obama and President Raúl Castro announced a historic thaw, and the promise to try to restore normalized relations.
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