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Analysts weigh economic implications of renewed U.S.-Cuban relations

2014-12-19 6 Dailymotion

Warmer relations with Cuba has some in Miami already considering possible business opportunities.<br/> <br />Hugo Cancio, Ceo of Fuego Enterprises says the time is now.<br/> <br />(SOUNDBITE) (English) HUGO CANCIO, CEO, FUEGO ENTERPRISES, SAYING:<br/> <br />"From Brickell to Wall Street everybody is taking out their drawer their Cuba plan, you know, their Cuba strategy that they put together quite a few years back or quite a few months back everybody is trying to organize and excited about the opportunities. Cuba could be the last North American frontier."<br/> <br />Akerman corporate lawyer Pedro Freyre says business interests in Cuba aren't necessarily divided along party lines, either.<br/> <br />(SOUNDBITE) (English) PEDRO FREYRE, CORPORATE LAWYER, AKERMAN, SAYING:<br/> <br />"Even within Republican ranks there are business interests, ie: the energy sector, the food sector, light manufacturing, pharmaceutical sectors that have had their eye on Cuba for a very, very long time so I don't think it will be an absol

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