Whether his trade mission generates anything more than headlines, however, remains to be seen.READ MORE: Gabby Petito Search: Video Shows Couple Questioned About Physical Altercation In Utah, Fiancé Told Police Road Trip Created 'Emotional Strain'
The formal state visit Monday and Tuesday is meant to foster greater ties between New York and Cuba. Cuomo is expected to take a small group of business leaders for what he has called “a tremendous stepping stone” that will “help open the door to a new market for New York businesses.”
Cuomo’s delegation will include Assembly Speaker Carl Heastie, Senate Minority Leader Andrea Stewart-Cousins and Senate Independent Democratic Conference Leader and Coalition Co-Leader Jeffrey Klein as well as executives with JetBlue, MasterCard, Pfizer, Chobani and several other companies from a variety of industries.
“The business opportunities that could open up for New York and New York companies is something that is very intriguing,” Heastie told WCBS 880’s Jim Smith.
Trade experts say New York could profit from improved relations with the Caribbean nation. New York farmers could export apples, powdered milk and other dairy products. Businesses could invest big in Cuba‘s developing information technology infrastructure. Hoteliers could build resorts to prepare for the increase in American tourists.
Any significant economic relationship with Cuba will take time, according to Joe Schoonmaker, the chairman of the New York District Export Council who works as a trade risk insurance broker. He predicted that tourism would be the first sector of the Cuban economy to open up and that it will be some time before Cuba is engaging in robust trade.