The big news this week for US businesses is the thawing of relations between the United States and Cuba. The bold step taken by President Obama came as a surprise to business community, but a welcome one. According to the New York Times:
“Within hours of President Obama’s historic move to restore full diplomatic relations with Cuba, companies in the United States were already developing strategies to introduce their products and services to a market they have not been in for the better part of 50 years — if ever.”
Listen below to part of Obama’s announcement to begin trading with Cuba.