The wealthy Cuban Americans ready and waiting for Havana to fall
Summary
Wealthy Cuban Americans in Miami have gathered to plan business opportunities they hope to pursue if the Cuban government falls. They support stronger US pressure on Cuba and are preparing proposals for economic changes on the island after the current regime ends.Key Facts
- The Cuban-American National Chamber of Commerce (CANCC) held its fourth meeting in Miami with wealthy Cuban-American entrepreneurs.
- CANCC’s president, Juan Omar Sixto, said they want to be ready to invest in Cuba once the current government falls.
- This Cuban-American community has opposed Cuba's Communist government since Fidel Castro took power in 1959.
- CANCC is preparing plans like creating a Cuban Stock Exchange and committees on energy and food security.
- They believe the Trump administration’s stronger US policies will bring change to Cuba soon.
- Cuban President Miguel Díaz-Canel recently announced economic reforms aimed at strengthening socialism but allowing some market freedoms.
- CANCC leaders say these reforms are not enough to attract investors while the current government remains.
- Some analysts think planning for post-Castro Cuba might be premature given uncertain political developments.
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