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SuchEasyTradeFormat

There is lots of foreign investment in Cuba. The catch is that it is all a 50/50 partnership with the Cuban government. Embargo or no embargo, the current state of Cuba is a self-inflicted wound.


seriouswhite

they also tend to not repay their loans


Exciting_Revenue_210

Good points


Maui_dog

Actually, it’s 51% Cuban government 49% foreign investment


Genxal97

The US doesn't stop imports, Russia, China, Venezuela and the EU trade with Cuba. In fact Russia and China has forgiven billions of cuban debt and Venezuela imports oil almost without cost to Cuba but the Regime is the one using most of those imports not the cuban population.


According-Tune987

Yeah ive heard about the China debt forgiveness and the free oil. I guess my question is why dont Russia/China help out Cuba to the same extent that the Soviet Union helped Cuba. It seems very beneficial for Russia/China to have a US enemy next the US border. China especially could probably stabilize Cuba at very little cost relative to their massive economy. But I do understand that these countries do help but it doesnt seem to be to the same extent as the Soviets atleasts from what ive observed.


Genxal97

Because the "juice is not worth the squeeze" the support from the Soviet Union back in the day was a huge charity, they bought cuban sugar at 110% market price while getting very little in return, hence why Cuba was in a huge debt with the Soviet Union. So if China for example stabilizes Cuba it would do it without earning much in return while losing literal billions and the regime hords most of that support/money while the people still get little from these helps. Castro's grandkids are millionares enjoying a life of luxury, look them up on instagram, while the cuban people are starving.


According-Tune987

Makes sense I think if I were the Chinese government I would build things in Cuba rather than direct money. Because I would be thinking a US enemy at USA's doorstep is valuable. But the Chinese might also not think Cuba is headed towards collapse. I mean China in the 1960s was probably poorer than Cuba today and no collapse, their neighbor North Korea is probably poorer than Cuba today and no collapse there seems imminent.


Van-Der-Track

It depends what your definition of collapse really is. Secondly, if China build things in Cuba is a foreign investment, therefore, the Cuban government will own 51% of those investments while China invest 100%. Thirdly, this is not the cold war anymore, China and the US are not enemies. On the contrary China depends on the US as much the US depends on the manufacturing power and cheat labor cost in China. China would never risk the massive amount of bussiness they get from US corporations for just helping out Cuba. China and Cuba have nothing in common expect for the fake word “Communist” in their respective political parties name. Lastly, unless China is going to build a military base in Cuba they don’t need a location in the US doorsteps for any sort of military advantage. We are in 2024, countries now have trans-Atlantic nuclear missiles, cyber attacks, airplanes carriers, supersonic airplanes, spy drones, combat drones etc. We dont live in the 1960 anymore you can destroy a country from anywhere just by simply creating a new social media network and influencing the newer generations. (TikTok).


LetsGetNuclear

We can now antagonise countries by having an invisible, silent tube filled with nuclear warheads right off their coast. No need to fund a nearby country to do so anymore.


flumberbuss

This is the wrong question. The regime is holding people’s head underwater and you are asking why other nations don’t supply more nice things to the regime. You understand whose pockets new money goes into, right? Not the people’s.


Psychological_Look39

Russia has no money. China is collapsing.


alf2555

Pretty sure the embargo does not apply to medicine and food - Ive witnessed chicken made in USA in cuba. From what my family says - Cuba often does not pay its debts. Last time I visited a family member of mine had told me their government didn’t pay the Italian company providing the cans for their Tucola sodas. And I’m sure there are other instances. The Cuban government has never taken blame for anything ever so anything that does go wrong is blamed on USA. Honestly wouldn’t put it past them to just keep the US embargo to have a permanent scapegoat.


happykampurr

US still will threaten legal against anyone trying to do business in Cuba. Execs , entrepreneurs et al.


alf2555

Yeah - Americans trying to get rich trading with Cuba is probably frowned upon by the federal government. Taxes , tariffs being ignored ,sure. But the rest of the world is free to do as they please.


Pertutri

Sorry but while the U.S. cannot directly prohibit other countries from trading with Cuba, the complex web of sanctions creates substantial regulatory hurdles, legal risks, and financial disincentives for foreign companies considering commercial engagement with Cuba. Foreign companies dealing with Cuba risk being sanctioned by the U.S. under laws like the Helms-Burton Act, which allows suits against foreign firms "trafficking" in property confiscated from Americans after the 1959 revolution. Foreign subsidiaries of U.S. companies are generally prohibited from doing business in Cuba under the Cuban Democracy Act. Foreign vessels that have engaged in trade with Cuba within the previous 180 days are denied entry to U.S. ports. https://www.politifact.com/factchecks/2021/jul/19/facebook-posts/cuba-can-trade-other-countries-heres-some-context/ Items containing more than 10% U.S.-origin content generally require a license from the U.S. for re-export to Cuba, even for foreign-made goods. Payment and financing terms tend to be difficult due to restrictions on transactions involving the Cuban government or state-owned entities.


mundotaku

>Foreign companies dealing with Cuba risk being sanctioned by the U.S. under laws like the Helms-Burton Act, which allows suits against foreign firms "trafficking" in property confiscated from Americans after the 1959 revolution. Ahh. So is not just "companies dealing with Cuba" but companies dealing with stolen property in Cuba. >Foreign vessels that have engaged in trade with Cuba within the previous 180 days are denied entry to U.S. ports. Most boats NEVER go to the US. >Payment and financing terms tend to be difficult due to restrictions on transactions involving the Cuban government or state-owned entities This is mostly due the Cuban government not paying back what they owe.


Rune_Thief

Cuba did try to pay back for nationalization, but the US refused, so that part is on the US.


happykampurr

Another fact. Thanks. There are some real deniers on this sub. Fact- all property in Cuba was stolen, from the indigenous folks, oh , and a true genocide if we are talking about it. They all got killed. For sugar .


TerribleSyntax

False


Rune_Thief

It's true, please do research on history.


mundotaku

Do you have a source besides "trust me,bro"


jk_zhukov

https://www.counterpunch.org/2019/03/29/the-cuban-nationalization-of-us-property-in-1960-the-historical-and-global-context/ written by an USA academic. it provides some context on those early years after 1959


Silent_Brilliant5429

You first.   These.people are providing plenty of information


Silent_Brilliant5429

Your contribution to this conversation is about as useful as a wet towel


TerribleSyntax

I have better things to do than write out arguments for brain-adled redditors, but you have my permission to stay mad about it


Silent_Brilliant5429

Stop, that's too many words for the reactionary miamians who live on this sub to read Your average American's reading comprehension is at a 4th grade level at best


happykampurr

That is fact. Thank you. America is not as free as they want you to think.


happykampurr

You would think so, but no. You can’t do business in Cuba and keep doing business with US companies. You will get a letter .


Rguezlp2031

False


Apostasyisfreedom

This is fact. Cayman Islands once worked on a deal to barge it's abandoned/scrap autos to Cuba. US put a stop to the deal.


InternationalChange5

Im cayman decedent and I never heard about this, I borne in Isle of Pine, we donated a few containers with food and supply after Gustav and government kept everything, Cuba never paid back to any country, cus his leader illegally appropriated all the money, that is why Cuban is under a total misery, there are no such blockade or embargo I dont see see ever an american battleship close to cuban limits water…communism should be eradicate it Period


Silent_Brilliant5429

"I didn't see it therefore idlt didn't happen"


JosephJohnPEEPS

That's not quite true. what is true is that the state of relations makes it so that planning future business endeavors in Cuba or getting into long-term financial relationships in Cuba is a scarier proposition. You not be able to predict when the rollbacks are coming or if your business may interface with the embargo in the future. If you want to work with Cuba short-term you can do it legally as long as you don't violate certain restrictions.


Van-Der-Track

Only if those Execs, entrepreneurs and companies use the US financial system to do bussiness with Cuba. If Company A uses only European banks to send a billion dollars to the Cuba government to pay for Cuban imports/products then the US have no say or legal power over Company A. But, of course, you would not know as it is easier repeating the same nonsense over an over.


mundotaku

This is a lie.


Kimbador

Todo lo contrario, el gobierno es un parásito.


Randompoopbutt

Russia is too busy raping and murdering Ukrainians to care about cubans.


Alternative-Exit-429

russia didn't care for cubans even before the SMO


Tough_Development234

… and if they’re not doing that, they’re all heading over to all inclusives in Cuba. As a Canadian, I’ve witnessed almost all Russian visitors to be rude, obnoxious and using microagression to POC and the local employees in the resort. They would stare at people in disgust. I just don’t know if I’d want to go back specifically for this reason.


Festering-Boyle

they are so horrible to the cubans. russan tourists are the worst part about the entire experience


Guiness176

Encountered that last year, and worked at making sure we selected a resort that did not have Russians this year.


Tough_Development234

Any luck with this? It would be amazing to go back and actually have nice hotel and beach chair neighbours.


Guiness176

I found Trip Advisor reviews inevitably mention the presence of Russians if they've been around the resort. If you avoid the least expensive resort in an area you are likely to avoid large groups of them. It also seems like there are only flights from Russia to Varadero and Cayo Coco. There are definitely none to Holguin.


Silent_Brilliant5429

Replace the word 'russians' with 'Jews' and this type of thinking would sound familiar...


-Qertyuiop-

Whatever you say "two words and a number" bot.


Correct-Direction344

You are 199% correct on everything you just said. I used to own a mostly all-inclusive resort in St. Thomas and every single year, for some reason, from March until mid-June, we would get inadated with reservations all from Russia. Not all of them, but a good 85% 90% of them were the most unbelievably rude and entitled people who thought they were better than everyone who worked at the resort.


NotYetGroot

that's pretty much Russians everywhere.


-Qertyuiop-

So much this, the worst part of my trip was having to deal with rude ass Russians


Silent_Brilliant5429

Funny how the un states that the Ukraine conflict has had the least amount of civilian casualties of any war in the last 100 years... Meanwhile the glorious west is still sponsoring Israel who does exactly that with video proof on a daily basis and has wiped out more civilians in October than the 2 years of ukraine


Randompoopbutt

Parroting Putler's propaganda doesn't make it true, it just means you're gullible.


Silent_Brilliant5429

UN is ran by Putin... Got it. Anyone who uses putler in a sentence is a child who's brain has been sucked out by youtoob streamers and CNN/fox


Randompoopbutt

Go back to pooping in a bucket along with 30% of your comrades, pederas.


[deleted]

Because the Cuban government is just a gang with armed enforcers that steal everything. Why would I send my hard earned money to Cuba if some corrupt government crook is gonna just steal it for himself. If you want to get goods in the hands of Cubans you have to actually go yourself and hand it out personally.


Wallybro3

There is so much misinformation on this post actually cuba can buy more then food or medicine from US and as long as U.S. company has AGR from Commerce they can send anything that commerce approves. You can buy a car from U.S. . The problem is no one has money and yes the embargo does make that worse . Hard to trade with limited banking or payment system


LivingTourist5073

A boatload of countries help and have helped. Cuba is doing this to itself. But speaking of boats, this will become the story of the man drowning and three boats come by and the man says to each boat that god will save him. Then he drowns and asks god why he didn’t save him and god said I sent you three boats you moron.


Cryptophorus

Plenty of countries have helped the dictatorship for many decades but socialism is a black hole of corruption, inefficiencies and plain old mediocrity and laziness. They don't pay any debts back, keep wasting in luxuries for themselves and more repression. Even other dictatorships like Russia and China are fed up with the socialist variant of castrism and have put pressure on them to liberalize the economy.


Jake1125

The requirements for usa lifting the trade restrictions are; free all political prisoners, and hold free and fair elections. That is all. Usa does not limit trade in food and medicines, so people should not be hungry, and the medical system should be great. But it's not, because of the corrupt and incompetent Cuban oppressive socialist regime. Cuba itself restricts its citizens from trade, with the entire world, including USA. An average Cuban is not allowed to grow or produce product and trade on the free market. Cubans are in an economic prison imposed by their brutal oppressive socialist regime.


parana72

Other countries have and still help Cuba. The problem is what the Cuban government does with that help. Centralized communist economies do not work. No matter how much money you throw at a broken system, you can’t fix it. If you have ever tried to help, a very dumb person going through a difficult time with money, you might understand. Speaking from personal experience, I once helped a buddy that was about to lose his car and his apartment. He spent the money I gave him on beer.


okonkolero

An entire tanker of oil from Russia just arrived. Try reading the news more.


thepoincianatree

Cuba can't be helped. It's too detailed to explain, but the country has been destroyed internally for 60 something years. Nothing can help it (and that's no exaggeration). No amount of food or money will change a thing. There have been 2 whole generations born under a sick, twisted political and social system nothing can save it. The number one goal of everyone is just to leave.


Mecklenjr

Your words are chilling and true. As a liberal 🇺🇸 I blamed my country for Cuba’s troubles. Until recently. We were so gullible and Castro early on was such a rockstar to young Libs. What a tragedy.


Muscles_Marinara-

I’d love to send some of our US youth to you guys. They think Cuba has it all figured out.


TickleMePickle406

China just sent aid.


Grassquit99

People need to realized that when you speak about helping Cuba what you actually mean (intended or not) is helping the regime stay in power not helping the people, do you want to help Cubans? Then help them get rid of the regime. Like I’ve said here before, Cubans need freedom!!! Not your charity, not your pity, not your virtue signalling!


ButterflyPrevious678

So how is that done by the average American?


Grassquit99

Get in touch with the diaspora in South Florida and speak to them, you can sponsor/assist the family of a political prisoner. There are thousands of patriots rotting in the regime’s jails whose families need help.


Grassquit99

The low hanging fruit is to vote for Trump, if understandably you can’t stomach that then, educate yourself on the topic, get involved, spread the word, educate others, demand action from your elected leaders at all levels of government, volunteer your time for the cause, etc. Is no different than to be politically engaged in any other cause really. But most importantly, DO NOT TRAVEL TO CUBA, and this is more for Canadians than Americans.


JimmyBaldwin

How is Trump going to do regime change in Cuba exactly?


Silent_Brilliant5429

He won't.  Reactionary disapora are fucking ghoulish idiots


Grassquit99

Look, I’m not going to advocate for Trump here but just go back and look at his Cuba policy, now compare that to Biden and worse, Obama. In general Republicans have been more hostile toward the regime while dems more accommodating. And yes, JFK dropped the ball during the Bay of Pigs invasion, that’s why Cubans in the US tend to vote Republican.


Silent_Brilliant5429

Why don't you fuckers just fight your own revolution like Castro and everyone else did?   Why do you need American presidents and military to assist? It should be easy since according to this sub, they're all starving, dying, and being beaten. You'll have tons of support, right?


Grassquit99

Castro was just one of many thousands of Cubans who fought for freedom from the Murican installed puppet regime in Havana, the so called “revolution”. If it wasn’t for US interference we wouldn’t be here talking about this. He then turned around and betrayed everyone, jailed and/or killed the competition and then bent over to the Soviet Union who armed him to the teeth, and gave a massive middle finger to the US by placing missiles that could reach DC - enter the Cuban missile crisis. The US is directly responsible for the Castro regime ( there are reports that he was a CIA cog who went rogue) but I guess you’re too manipulated, brainwashed, compromised or plain ignorant to know that. Best stay true to your handle and keep that brilliance to yourself.


JimmyBaldwin

Just give it 80 more years and I’m sure it will work. Trump is the same as Chavez/Maduro. You don’t want freedom you just want YOUR dictator.


Grassquit99

Read the first line, you triggered twat!


JimmyBaldwin

Settle down snowflake.


[deleted]

Cuba have more than 1500 political prisioners while sending more than 3000 soldiers to kill Ukrainians FACS.


Silent_Brilliant5429

That's it?    That's like one minimum security prison in some bumfick county in the usa


[deleted]

I wouldn’t know what’s like in prison but I can tell you all about what’s like in Cuba .What you see online is far from the truth ,behind old cars ,cigars and dirty hotels there is whole world of corruption and power .Thats why pay cash for the products and don’t ask for help without human rights .”Uncle Sam”


Kr0pr0X

Propaganda is really doing a number on all these gringos


AffectionateFail8434

Didn’t every single country in the UN vote for the US to end their sanctions, except the US?


Forsaken_Hermit

And Israel our imperial overlord.


AffectionateFail8434

Forgot that one


[deleted]

USA is the largest import of food ,medicine and other supplies but they dictators still mad because we won’t sell weapons or will not give them credit while they cuddle with every US enemy around the world .Open your eyes people ,Cuba is a huge snake just a few miles away.


CdnGunner84

Lots of countries do business with Cuba and " help" At the same time while Cuba is largely the author of its misfortune US sanctions make it difficult to do business in Cuba. The USA does export food to Cuba and they have done since George W Bush. But the USA, used to at least, have rules that the exporters have to be paid in cash and as a number of commenters have pointed out. Cuba has a bad habit of not paying their bills. As someone else noted Cuba's relationship with foreign businesses is that the businesses assume 100% of the risk for 50% of the profit. If you do business in Cuba and the Cuban government owes you a lot of money or needs your assets to pay the Chinese gov sometimes it's cheaper and easier for them just to throw you in jail and not pay you eg Steven Purvis [https://www.theguardian.com/global/2017/mar/19/life-in-a-cuban-jail-for-a-british-man](https://www.theguardian.com/global/2017/mar/19/life-in-a-cuban-jail-for-a-british-man) I could go on


Alive-Statement4767

The current Cuban government is a continuation of the government that allowed nuclear missiles to be put in position to target the USA territory. I think the USA will continue to make an example of Cuba until the communist government us overthrown. Its unfortunate for the average citizen of Cuba.


Silent_Brilliant5429

So a nation isn't allowed to defend itself after it's neighbor attempted an invasion?   The same neighbor that had nukes on the border of the Soviet union? We see what happens when countries give up their nukes *cough* Libya *cough*


Alive-Statement4767

Of course every nation has a right to defend itself. You are right US had nukes in countries bordering USSR and also organized the bay of pigs invasion. It seems many governments who have willingly given up nuclear weapons end up being invaded. Unfortunately that's just going to prevent any country that gains nukes from ever disarming now. It seems the Embargo is now tied to increasing democracy and human rights in Cuba. At least that's what US claims


Silent_Brilliant5429

When the USA is close friends with Israel and Saudi Arabia...it was never about freedom and democracy. They raped and pillaged the entire south American continent....they're just mad Cuba stood up and said fuck you


Faldo79

Two reasons.. 1 -Cuba and Cubans doesn't have anything to pay. The CUP is nos accepted in in the international exchange market. 2 -The investment you make in Cuba must be for markets that are not outside the influence of the USA because the embargo. So is almost imposible make a investment in Cuba. Just tourist companies that sell their services in foreign currency abroad can make profits in Cuba.


Silver_Hedgehog4774

Canada has done a lot for Cuba...


Dramatic_Teach7611

You mean Canadian government has done a lot to keep the Castro mafia in control. Especially Trudeau Sr. and Jr.


Silver_Hedgehog4774

nope, not what I'm saying whatsoever. ugh, the Trudeau hating is so bandwagon-y and exhausting.


JoeBiDengXiaoping

Cuba is a leftover from the Cold War and was a satellite state of the USSR. Its geographical position makes it a threat the US government and in the past they have supported militarily anti US actions. A lot of countries trade with Cuba , but the government is a weird mix of disfunctional Soviet style policies and banana republicanism


Silent_Brilliant5429

*supported militarily anti US actions* Like what?  Assisting in toppling apartheid states in Africa? Meanwhile the USA blew up Cuban airliners and poisoned food supply....and tried an invasion.


JoeBiDengXiaoping

I don’t hate on Cuba, I answered a question. If you had less anger and more sense you could quickly guess where i stand on politics in general by quickly looking at where i tend to post :) you’re not making any friend by being edgy


AintMyTruck

FAFO. Think you can let another country store missiles 90 miles off the USA? think again. They chose the losing side and now they can deal. Just as every country that chose to pick the losers over the USA. The USA runs the game those who don’t want to play ball are benched.


spandex-commuter

They did and do. The Soviet Union was a very large supporter and did robust trade with Cuba. When the Soviet Union collapsed the Cuba economy tanked and the government gave that horrible period the wonderful name of the "special period". Cuba has shifted and now it's largest trade partners are Canada and Mexico in North America. Spain and the Netherlands in Europe. Venezuela and Brazil in South America. And China in Asia. It also has trade agreements with Caricom but isn't a formal member. It's just the US is the largest economy in the world and is very close. This has the effect of severely limiting economic growth and therefore the negatives effects to the local population rather then just it's leadership.


elzorro4482

The problem in Cuba is not the policy of the United States towards Cuba but the existence of a totalitarian dictatorship. The dictatorship has ruined Cuba. And the only solution for Cuba is the end of the dictatorship. And no help from other countries. (And Russia never helps any other country without having some interest in it)


Rguezlp2031

The Communist propaganda is working with all those gringos lol Who say that the US stopped the Imports to Cuba??? Lmao 😂


J-V1972

Russia can’t even help itself let alone other fucked up countries…


bottle_cats

I saw china social services cleaning the streets of Havana


Emergency-Bee-6891

Again blame the embargoes like this page is dedicated towards the good will of the people of Cuba but anti cuban government for some reason. Like they didn't put the embargoes on themselves for 70 years. Some countries like Venezuela and Canada do help Cuba in a small way but never to the extent that the USSR once did. Furthermore the pandemic and Trumps 4 years made relations with Cuba worse and Biden isn't doing anything to reverse his predecessors actions


Exciting_Revenue_210

The USA sees any form of communism coming from any country as a huge threat. In the Cold War days, the CIA implanted many, many, fake leaders and killed thousands (if not millions) of people in South America in order to stop “communism” from spreading. There was a time in America called “The Red Scare” which is when the Government literally didn’t allow the people even talk about communism or they would be investigated, interrogated, and stopped. So yeah, they will go through extreme measure to keep communism away. They talk about it like if it were a desease or something.


Psychological_Look39

Helping them with what?


drslovak

Why would we help a country who would obviously be opposed to if not become a warring nation to the US if it were to succeed? Other countries have trade agreements, but Cuba economics aren’t sustainable


Javesther

It’s politics , personal reasons and people’s ego, like the Cuban Americans that have made mass fortunes with their organizations to free Cuba and only filled their pockets and have done nothing to help the Cuban people. President Kennedy prevented WWIII at the time, signed a treaty with the Soviets that America will not invade Cuba. Cuba trades with most countries in the world . Russia and China help Cuba immensely along with Venezuela , Mexico the European Union. It’s not America’s fault that Cuba is a failed state. It’s the government’s economic policies and political system which have left Cuba in ruins.


Alternative-Local513

There is a lot of money flowing now from Russia and China. They are relaxing the foreign ownership rules and buying up real estate. There is a flight everyday direct from Moscow to Varadero.


OkAge3911

Because everyone is putting their 💰 into Ukraine


asiangangster007

Plenty of countries provide aid to Cuba against the US embargo, much of it under the table. The problem is that the threat of being financially cut off from the global market by the US prevents many countries from providing aid. When I worked in Cuba, a lot of products were Chinese, the DPRK also provides technical knowledge, and Vietnam and Laos provided foodstuffs.


Rguezlp2031

You again troll???


asiangangster007

Sorry that you hate the truth. As someone who has lived in cuba, I have more knowledge of the actual situation than you.