As part of Washington's normalization with Cuba, the Treasury
Department is relaxing more of its sanctions against the small island nation.
Now, any American can easily travel to Cuba. Moreover, it has become simple to
transfer money and set up bank accounts there. The current change in the policy
has laid the groundwork for a substantial transformation of the culture and
politics of Cuba.
The Obama administration has not only opened diplomatic
relations by allowing their telecom services in the nation but is also
permitting U.S. telecom carriers to enter Cuba in a meaningful way.
Surprisingly, U.S. telecom companies can also open their shops in Cuba by
partnering with Cuban entities and enter into a licensing agreement with the
providers to benefit the country with connectivity. What’s more, Americans are
free to hire Cuban software developers and bring their mobile apps into their
country. This will surely turn out to be a huge deal. According to U.S. venture
capitalists, this step is a fantastic investment that will benefit both
countries. Cuba designed apps will help facilitate interaction between family
members who live far off and this will also help the country to grow the local
economy.
"Cuba has a lot of educated, tech-savvy young
people," said Jack Nadler, a lawyer at Squire Patton Boggs who's advised
developing countries on their telecommunications policies. "Assuming the
Cuban government allows those relationships to develop, this could be a big
win-win for both countries."
ubans access global internet as mobile internet from
the state run wireless carrier, ETESCA that is costing $2 per hour which is
approximately 10% of what a Cuban government official makes every month. Though
things are evolving rapidly. However, don’t expect Cubans to flock the internet
suddenly and lift the restrictions on U.S. telecom and Internet firms.
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