- July 16, 2021
- Posted by: Stratford Team
- Category: Business
WACO, Texas — Thousands of Cubans have taken to the streets of Havana, pushing back on the 62-year-old communist regime, but better relations between the island nation and Texas could mean big dollars for the economy.
“Our history and our connections go back literally over 100 years,” said C. Parr Rosson, Department Head of the Agricultural Economics Department at Texas A&M University. “There was a time when Cuba imported rice from Texas and some meat products. This goes back to pre-embargo days.”
It’s that history experts like Rosson say Texas stands to profit from if the U.S. trade embargo, imposed in October 1960, could be lifted soon under the Biden administration.
After over 61 years, exports like nickel and tourism are still heavily restricted from the communist nation, but loosening American policy toward Cuba may be a sure bet for domestic companies.
“You know if the embargo were gone, and we had relatively open trading relationships, Cuba could…
