REAL CONFLICT BETWEEN US AND CUBA PREPARED BY ARSHAD HIPPARGI MBA FINANCE STUDENT AT VISHWAKARMA INSTITURE OF MANAGEMENT PUNE.

1. CONFLICT BETWEENCONFLICT BETWEEN
US AND CUBAUS AND CUBA
ARSHAD HIPPARGIARSHAD HIPPARGI

2. INTRODUCTIONINTRODUCTION
• Before 1959, US-Cuba had extremely good relations:Before 1959, US-Cuba had extremely good relations:
Politically and economically.Politically and economically.
• Cuba is an island located 90 miles south of Florida.Cuba is an island located 90 miles south of Florida.
• The united states has always been interested in whatThe united states has always been interested in what
happens in Cuba.happens in Cuba.
• Plans for purchase of Cuba from the Spanish EmpirePlans for purchase of Cuba from the Spanish Empire
were put forward at various times by the United States.were put forward at various times by the United States.
ARSHAD HIPPARGIARSHAD HIPPARGI

3. 1959 CUBAN
REVOLUTION
1960 OUTCOMES
1961 BAY OF PIGS INVASION 1962 CUBAN MISSLE CRISIS

4. THE CONFLICTTHE CONFLICT
• Relations between the United States and Cuba had been steadilyRelations between the United States and Cuba had been steadily
declining since Castro seized power in early 1959.(fulgencio batista)declining since Castro seized power in early 1959.(fulgencio batista)
• U.S. officials were soon convinced that Castro's government was tooU.S. officials were soon convinced that Castro's government was too
anti-American to be trusted.anti-American to be trusted.
• Cuban revolutions, bay of pigs invasion, missile crisis.Cuban revolutions, bay of pigs invasion, missile crisis.
The United States does not have formal diplomatic relations with CubaThe United States does not have formal diplomatic relations with Cuba
and has maintained an EMBARGOand has maintained an EMBARGO
ARSHAD HIPPARGIARSHAD HIPPARGI

5. EMBARGOEMBARGO
• No Cuban products or raw materials may enter the USNo Cuban products or raw materials may enter the US
• US companies and foreign subsidiaries banned fromUS companies and foreign subsidiaries banned from
trade with Cuba.trade with Cuba.
• Cuba must pay cash up front when importing US food.Cuba must pay cash up front when importing US food.
• US citizens banned from spending money or receivingUS citizens banned from spending money or receiving
gifts in Cuba without special permission, in effect a travelgifts in Cuba without special permission, in effect a travel
ban.ban.
ARSHAD HIPPARGIARSHAD HIPPARGI

6. RELATIONSHIP & TRADE-RELATIONSHIP & TRADE-
IN 2001IN 2001
• US exported food to Cuba for the first time in more thanUS exported food to Cuba for the first time in more than
40years after a request from the Cuba.40years after a request from the Cuba.
• This event started trade between the two countries, only inThis event started trade between the two countries, only in
limited number of products.limited number of products.
• In April 2009, President Obama lifts restrictions on familyIn April 2009, President Obama lifts restrictions on family
travel and remittances to Cuba.travel and remittances to Cuba.
• Thus Trade will bring people closer and dependence onThus Trade will bring people closer and dependence on
each other, and will make sure that there is no room foreach other, and will make sure that there is no room for
further animosity, in turn benefitting both the nations.further animosity, in turn benefitting both the nations.
ARSHAD HIPPARGIARSHAD HIPPARGI

7. Jan 2014 Raul Castro @ a summit
2009 Cubans welcome
relatives
a woman leaves an immigration
office in Havana, October 2012
December 17, 2014 Alan Gross
returns