Business group: Cuba deal opens prospects for US companies

WASHINGTON (AP) — The head of the U.S. Chamber of Commerce says the Obama administration’s move to remake relations with Cuba gives U.S. companies “extraordinary opportunities” to boost business.

Chamber president and CEO Thomas Donohue said President Barack Obama’s move last month to restore diplomatic ties and ease curbs on trade was welcome after more than 50 years of failed interactions with the island nation.

Donohue said there is “unbelievable demand’ in Cuba for consumer products such as computers, smart phones and cars.

Donohue’s comments were at odds with Republican senators such as Marco Rubio of Florida and Dan Coats of Indiana, who have criticized the U.S. opening to Cuba. The chamber spent millions to help Republicans win control of the Senate last year.

(From: Yahoo News)