Cuba Get’s Some Foreign Sweetness

The country of Cuba is perhaps one of the last few truly Communist governed countries in the world. Their country is governed so rigorously through that ideology that since the 1959 revolution, no foreign country has been allowed to participate in their economy- until now. The Cuban government has recently reached an agreement with a Brazilian sugar company to hand over management of the state-run corporation AzCuba for a period of 13 years. Although Cuba used to be the world’s largest sugar exporter in the 1989, the collapse of their main ally, the Soviet Union in 1991, forced the industry into decline. Since then, nearly half of Cuba’s 156 sugar mills have been shut down and dismantled, as well as 60% of plantation land having been recommissioned for other uses. Cuba is in dire need of restructuring and foreign help to heal their failing sugar industry as it is an essential part of the country’s economy. Naturally, their communist government won’t allow for countries like America to come to their aid, but they do approve of Brazil. The Brazilian company Compania de Obras en Infraestructura plans to build new facilities as well as bring in new equipment to modernize their industry. It is my opinion however that this momentary opening of Cuba’s hermit economy is only out of desperation, and that by the end of those 13 years, if not sooner, Cuba will be operating on their own again.

link to article: http://bit.ly/T0Qdo5

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