The US commerce secretary is calling for an end to bureaucratic obstacles to trade with Cuba. There are signs of hope: a free trade zone has been set up in a port area west of Havana, offering customs and tax incentives.
The reverse shift in US policy towards Cuba could hit US businesses that have poured into Cuba since 2014. But will it have the desired effect of pushing Havana towards political reform?
The Customs Union agreement between Turkey and the EU is being updated to include agriculture and the service sector. The Turkish business world is demanding a fairer commerce system from the European Union.
Russia has voted in favor of new sanctions against North Korea in the United Nations Security Council, even though they include new oil sanctions. The Russian resource plays a much greater role than previously thought.
In the next few days, the prime ministers of Japan and China will visit Havana to talk about trade and investment. The two countries hope to gain a foothold in a market that is still off- limits to US companies.
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