Just a few weeks ago the UN voted for an end to the US economic embargo against Cuba in a result of 188-2. The two opposing votes being US and Israel. European nations are backing an end to the embargo more than ever because US legislation is already hitting their pockets and Cuba is on the rise. Cuban Foreign Minister Bruno Rodriguez stated "The economic damages accumulated after half a century as a result of the implementation of the blockade amount to $1.126 trillion" adding that, "it provokes hardships and is a mass, flagrant and systematic violation of human rights. The fact that 53 years later the same policy still prevails is something extraordinary and barbaric. The blockade has been classified as an act of genocide under the Geneva Convention of 1948." Strong words indeed, especially when the rest of the world is supporting them.
US envoy Ronald Godard retorted that Cuba "still has one of the most restrictive economic systems in the world" and that the US allows monetary aid to Cuba. He even went as far as "The United States is a deep and abiding friend of the Cuban people," pretty stubborn and really a huge slap in the face. With comments like this I personally dont see any change soon. However, if the US's stance is that Cuba does not have the infrastructure to be worthwhile and if Cuba continues to develop trade ports (article on new Cuban port) along with a functioning democracy, then the US government wont have much of a leg to stand on. If the right conditions align, I could see the embargo being lifted in 3-5 years.
Id love to hear peoples thoughts.