Second, a cessation of the embargo will strengthen state enterprises since most Cuban businesses are run by the state and since the Cuban government retains a partnership interest in all foreign investment.

CENTERFORSECURITYPOLICY: Implications of Cuba's leadership change

The government is also working to reform its state-run enterprises by forcing government officials to step down from high level positions within company boards, in a step to make Russian companies more shareholder friendly.

FORBES: Putin's View On Russia GDP More Upbeat Than Economists