Energizing Cuba: opportunities and risks
A few days ago New York hosted the Energizing Cuba Conference. While the Big Apple’s weather presented them with a precious day, the debates were being held precisely when Hurricane Matthew was destroying the north of Florida and North and South Carolina, and two of the announced persons who were to give papers were prevented from attending. Finally, the event was concretized and, according to the organizers, was a success when the expectations created with the possibility of showing the U.S. energy sector Cuba’s potentials in that field were met. Carlos Fernández Aballí, chief official of Cuba Strategies Inc., affirmed to OnCuba that the event met all his expectations. “We had a very varied public, which is very good. And it left two important messages: one, the opportunities Cuba offers to do business, two, it showed the wide range of persons interested in doing business with Cuba,” said Fernández Aballí. The Conference had two sessions, a morning one dedicated to showing the investment opportunities in renewable energy in Cuba, and the evening one, focused on the legal implications of dealing with the island. In both, the room was shared by academicians from the two countries, businesspeople and students from the...