Countries

Embassies and Island Wide Wi-Fi by July in Cuba

President Barack Obama announcedWednesday that the U.S. and Cuba will now reestablish diplomatic ties and reopen embassies in their respective capitals. The announcement comes just one month after the Secretary of State removed Cuba from the State Sponsor of Terrorism list. Although it would take an act of Congress to lift the trade embargo, reopening embassies is another brick in the foundation of normalizing trade relations. With the new embassies opening in July, there will be greater contact between the US and the Cuban people which will ultimately lead to a change in the US’s attitude towards the trade embargo.

A new US embassy is not the only thing coming to Cuba in July. Cuba’s state-run telecommunications company is planning on opening a network of Wi-Fihotspots that spans the entire island. They also plan on cutting the price of hourly access in half to $2. However, even though costs are less and there will be more Wi-Fi hotspots, the internet […]

Doing Business in Cuba: What’s Next? Live Webinar – June 23

On Tuesday, June 23, 2015 at 12:00 noon EST, join OWIT International for an insightful conversation about rapidly evolving business opportunities in Cuba. 
The Webinar will highlight particular areas of interest, including:



 

  • Learning what is legal for U.S. businesses as it relates to Cuba.
  • Learning what travel to Cuba is authorized.
  • Learning about IDT Telecom’s direct interconnect with Cuban Telecom (ETECSA), and future opportunities for growth in telecom and financial services

 

 

I have the pleasure of presenting with Julie Manevitz the Director of Operations for  Global Top Up at IDT Telecom. 

OWIT Members benefit from a reduced registration fee of $25, while the fee for future members is $40. REGISTER TODAY!

By |2022-07-07T10:42:42-04:00June 19, 2015|Cuba, Export, Import, OWIT-South Florida|1 Comment

Top Impacts of Cuba Being Removed From “Terrorism List”

As you know, the President made a big announcement back in December, 2014 that the US would take historic steps to chart a new course in our diplomatic relations with Cuba. One specific action item was instructing the Secretary of State to immediately launch a review of Cuba’s designation as a State Sponsor of Terrorism, and provide a report to the President within six months regarding Cuba’s support for international terrorism.

Within four months of the President’s announcement, on April 8, 2015 (2 months early!), the Secretary of State finalized their review and recommended that Cuba no longer be designated as a State Sponsor of Terrorism.  Thereafter, on April 14, the President sent Congress the statutorily required report indicating the Administration’s intent to rescind Cuba’s State Sponsor of Terrorism designation, including the certification that “Cuba has not provided any support for international terrorism during the previous six-months; and that Cuba has provided assurances that it will not support acts of international terrorism in the future.” Members of Congress, initially vowing to block the removal of Cuba from the “terrorism list” had no legal outlet to voice their opposition, and as of today, the 45-day Congressional pre-notification period has expired. As a result, the Secretary of State has officially made the final decision to rescind Cuba’s designation as a State Sponsor of Terrorism, effective today, May 29, 2015.

The Department of State issued a Press Statement today advising that:

The rescission of Cuba’s designation as a State Sponsor of Terrorism reflects our assessment […]

Hear How Companies are SUCCESSFULLY Doing Business with Cuba – May 14, 2015

Are you in South Florida and thinking of doing business with Cuba? Do you want to hear from those already successfully doing business with Cuba? Do you want to fully understand what is legal now? 
May 14, 2015, I have JUST the event for you! This is your LAST CHANCE to register!
You’ll get a snapshot of the important revisions to the regulations and what travel and trade is legal now. 
Want to understand how companies are taking advantage of the revised regulations? 
You’ll hear from IDT, who successfully entered into an agreement with Cuba’s Empresa de Telecomunicaciones  de Cuba S.A. to provide direct international long distance to Cuba. Get a sneak peak of what IDT will do next.
You’ll also hear from Cargill who is helping take the lead urging an end to the Cuba trade restrictions. Cargill has successfully traded agricultural commodities to Cuba for years now – you’ll learn how they do it and what they hope for future trade.
Additionally, Roots of Hope will discuss its vast efforts to bring technology to the Cuban people including its recent hackathon at Facebook. 
The event will take place May 14, 2015 at the Riviera Country Club in Coral Gables, Florida from 11:30-1:30 pm. Register Today. 


World Trade Month – Business Opportunities with Cuba – May 14, 2015 – #OWITonCuba

CUBAAre you in South Florida and thinking of doing business with Cuba? Do you want to hear from those already successfully doing business with Cuba? Do you want to fully understand what is legal now?
May 14, 2015, I have JUST the event for you! This is your LAST CHANCE to register!

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