Jim wrote: >My impression is that the old USSR subsidized Cuba big time, by buying >sugar at a >(usually) above-market rate and selling oil to them at a >(usually) below-market rate. >Thus, when the USSR went south, Cuba's economy >went into severe crisis (which >they have adapted to very well, >considering). Cuba, and the USSR's support for it, >made the USSR look good.
Cuban ambassador to India recently invited Indian business to invest in Cuba. Cuba seems to be inviting FDI. Cuba is a member of the WTO. Not much different from other "Third World" nations in that aspect. Ulhas
