- Before 1959, the US was Cuba's main trading partner, with Florida being Cuba's largest state partner. Cuba exported 85% of goods to the US. - Fidel Castro became president of Cuba in 1959 and established a socialist/communist government, straining relations with the US. - The US imposed an economic embargo on Cuba in 1960 which remains in place today, though some agricultural/medical exports are now permitted. The embargo aims to pressure Cuba on human rights issues.

1. U.S. – Cuban Trade Governmental Influence on Trade A Case Study of International Business Management Presented By:- Shubhank Gupta Trimester VI GHS - IMR

4. Gross Domestic Product

5. Foreign Trade Growth (1995-2005)

6. Top ten Import products by Cuba in 2001 Source: International Trade Center (ITC) Website, www.intracen.org/menus/countries.htm

7. Top ten Export products by Cuba in 2001 Source: International Trade Center (ITC) Website, www.intracen.org/menus/countries.htm

8. Main Cuban Exports and Imports EXPORTS IMPORTS NICKEL OIL & LUBRICANTS TOBACCO FOOD SUGAR & By-Prod. MACHINERY /EQUIP. FISHERIES METALS & MANUF. CEMENT CHEMICALS RUM VEH. /TRANSPORT. COFFEE PHARM. & MED.DEV OTHERS OTHERS

16. Should the U.S. Seek to tighten the economic grip on Cuba ? if so , why ? Question 1

18. Should the U.S. Normalize business relations with Cuba ? if so , should the U.S. Stipulate any conditions? Question 2

20. Assume you are Fidel Castro. What kind of trade relationship with the U.S. Would be in your best interest ?What type would you be willing to accept? Question 3

23. How does the structure and relationships of the American political system influence the existence and specification of the trade embargo? Question 4

25. Conclusions

26. A real potential exists for significant trade in goods and services between Cuba and the U.S.

27. The elimination of the blockade and restoration of bilateral trade between both countries would benefit not only Cuba, but also the U.S. business community

28. Cuba’s natural resources and skilled labor, as well as its geographical proximity to the U.S. add up to opportunities for American business

29. Arguments have been raised portraying Cuba as a threat for U.S. businesses, particularly, for Florida´s...

30. … Florida is called to be the most benefitted area in the U.S. in terms of trade and investments with Cuba

32. Thank you..!!!!