February 16, 2015 08:06 AM
Surprising: The U.S. Already Exports to Cuba →
I did not know this.
With the debate over U.S. policy toward Cuba raging, I came across this information from my friend Steven Hill this morning. He makes a few important points:
Keep in mind that the broad commercial embargo is codified in law and would require a Congressional enactment to undo. At the same time it’s interesting to note–and many people do not realize this–the US is actually one of the largest importers into Cuba, mostly agricultural, pharmaceutical, and medical devices that can be exported via carve-outs that Congress created in 2000. That’s probably why there has been no great commercial lobbying pressure to do away with the embargo.
This entry was tagged. Foreign Policy Free Trade Cuba