A Warning on Doing Business in Cuba
The restoration of diplomatic relations between the U.S. and Cuba is sure to bring new opportunities for U.S. businesses seeking to gain a foothold in a market of more than 11 million potential consumers who have had little access to American products and services for more than 50 years. The opportunities are not unlimited, however, and they do not come without risks, particularly those related to corrupt payments to government officials prohibited under the federal Foreign Corrupt Practices Act.