. >> reporte ricardo alarcon, the preside of the naonal assembly and one of cuba's most influential lears say his country is doing businessorld wide. practically,very other portant actor in the world with theld excepti with the u.s.,e have a normal relatis in genal witheurope, canada, your neighbor to th north. >> reporter: u.s. onomic embargo of cuba was imposed i 1962 by the kennedy administration. the goal was nothing less than destroying fidel castro's communist revolution. >> but now we are the oppite. this, the u.s. isolated regarding its cuba poly. >> reporter:nd that, now missing out on business opportunies dung theeconomic crisis. an example, cuba has fou oil. deep in the waters of e caribbean. sanchez, at the cuba u.s. for studies says the u. is missing outat a luative opportunity to extractoil. >> require big mpanies and great amounts of resources. so thes when we have the opportunit with oil companies for the united stat. >> reporter: it's an opportunity lost by t united state and an opportunity seized b canada, france,nd brazil. it's a different story for american farmers. bi

. >> reporter: ricardo alarcon, the president of the national assembly and one of cuba's most influential leaders, says his country is doing business world wide. >> we practically, every other important actor in the world with the old exception of the u.s., we have a normal relations in general with europe, canada, your neighbor to the north. >> reporter: the u.s. economic embargo of cuba was imposed in 1962 by the kennedy administration. the goal was nothing less than destroying fidel castro's communist revolution. >> but now is the opposite. this, the u.s., who is isolated regarding its cuba policy. >> reporter: and because of that, now missing out on business opportunities during the economic crisis. an example, cuba has found oil. deep in the wats of the caribbean. jorge sanchez, at the cuba u.s. for studies, says the u.s. is missing out at a lucrative opportunity to extract the oil. >> it requires big companies and great amounts of resource. so these when we have the opportunity with oil companies for the united states. >> reporter: it's an opportunity lost by the united states and a