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US companies face catch-up game if Cuba sanctions are cut

Investment potential for American businesses includes technology, oil exploration and tourism

Published Tue, Dec 23, 2014 · 09:50 PM

Havana

WHILE international rivals have a clear head start in Cuba, American companies could catch up quickly if the economic embargo that has kept them away is dismantled in a new era of cooperation between Washington and Havana.

Cuba's inhospitable regulatory environment under communist rule has made doing business difficult and costly for foreign businesses, limiting investment.

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