U.S.-Venezuela tensions could detract from establishing a positive dialogue at the summit. ... Play Video
Latin American leaders will meet in Panama City on April 10 and 11 for the Seventh Summit of the Americas. Council of the Americas Vice President Eric Farnsworth spoke to Al Jazeera's The Week Ahead about the risk of focusing on U.S.-Venezuela tensions. This is a meeting that involves "all the countries of the Western Hemisphere," said Farnsworth. "I think the question is going to be what concrete actions come out of this particular meeting." Farnsworth also pointed out that Venezuela could steal the thunder from addressing other regional issues at the summit.
AS/COA's president and CEO spoke about what's ahead for U.S. businesses and investment opportunities in the island's opening economy. ... Play Video
Last week, AS/COA's Susan Segal spoke with TheStreet's Rhonda Schaffler about the immediate investment and business opportunities flourishing in Cuba, in particular, in the tourism, telecom, and technology sectors. This interview came on the heels of Segal's participation as an exclusive Thought Leadership partner at Knowledge@Wharton’s Cuba Opportunity Summit, which took place on April 1 at Nasdaq’s Times Square venue in New York City. Segal explained that recent changes in U.S.-Cuba policy are part of a long-term process and that it will take some time before businesses are able to invest in the country in any type of scaled way.
Segal also talked about AS/COA's Cuba Working Group and how different sectors can develop strategies around the changes needed for companies to be able to invest. She said the recent policy changes that allow the country to receive larger remittances, for example, are one opportunity for entrepreneurs: "That's very important because it allows Cuban-Americans to invest in family businesses," she said. "There is a very large diaspora of 2 million Cubans living in the United States that could possibly send money home to invest in different businesses."
AS/COA's honorary chairman, president, and board members join prominent former officials, Cuban Americans, and private sector leaders in support of President Barack Obama's actions to shift Washington's Cuba policy.
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