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Research - Essay Example

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Consequently, this prompted the latter to impose trade sanctions towards Cuba with the intention of forcing it to adopt political democracy, but in vain. The state…
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Download file to see previous pages... Conversely, this has changed whereby the incumbent leader Raul Castrol agreed to negotiate with Obama. Primarily, this regards diverse aspects meant to put the two states in harmonious pace and tackle matters that relate to their regional interests. The Cuba’s free consent to hold peaceful dialogue amid the states foresees a bright future ahead, where other states that declined trading with it due to U.S’ influence will resume their former relations. Hence, improving the Cuban economy, this at present is experiencing many inadequacies emanating from the US trade embargo.
Cuban economic force lies on its strong and thriving agricultural sector that entails exporting cash crops to other states but not to the US. These entail sugar cane, tobacco, bananas and avocadoes. The state also boasts of rich resources, which comprise its exports besides utilizing them in their home industries to heighten the economy. Some of the state’s most reliable resources encompass petroleum, cobalt and nickel (McCoy 148). The latter two resources are more beneficial to the state, whereby the relevant authorities have devised strategies to invest in their productions to gain substantial foreign exchange. In addition, tourism sector contributes immensely in augmenting Cuban income owing to the state’s breathtaking landscapes, which attract many tourists globally (Sharpley & Knight 241). Consequently, these resources have enabled the state to provide most affordable and reliable health care for its people contrary to the other developed states like US. Presently, the state comprises of most educated youths in diverse fields, for instance IT; that is capable of boosting its economy. This is evident from its medical care sector that constitutes of proficient professionals (Vidal, Villanueva & González-Corzo 5).
The state despite endowed with resources and systems that boost its ...Download file to see next pagesRead More
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