One of the newest business opportunities on the horizon for U.S. companies is in Cuba. With the ongoing political rapprochement—demonstrated by President Obama’s recent visit—more and greater business opportunities will arise. Of course, there must be a political resolution of the two biggest impasses: the U.S. embargo and Cuban compensation for confiscation of properties over the past 50 years. The sense of momentum for both countries establishing fresh business relations suggests that a solution acceptable to both sides will undoubtedly present itself.
Cuba will present any U.S. company with many challenges going forward and multiple specific challenges under the FCPA.
