The next few years will be challenging as the United States and Cuba work on re-establishing diplomatic relations and re-opening embassies in each country, Miami attorney Peter Quinter said Friday.
However, he’s optimistic that it will happen and that business between the two countries will improve.
On Friday, talks between the U.S. and Cuba did not result in an agreement between the countries. However, negotiations are expected to continue over the next few weeks.
Quinter, former legal counsel for the U.S. Customs and Border Protection Service in Miami, compared Cuba to China 30 years ago. Now, China is one of the top trading partners of the U.S.
“I hope the 11 million people in Cuba will also understand benefits of a free government, democracy, capitalism and trade with us,” he said in an interview with CNBC’s “Closing Bell.”