US lawmakers advocate for more agricultural trade with Cuba

Published on
July 20, 2022•
18:33by
Digital Editorial

United States legislators seek to lift their government’s ban on providing financing for agricultural exports to Cuba and advocate expanding trade in that sector, the Prensa Latina agency reported today

Gregory W. Meeks, chairman of the House Foreign Affairs Committee. Photo: Internet

To that end, Democratic Representatives Gregory W. Meeks, chairman of the House Foreign Affairs Committee, and Jim McGovern, chairman of the Rules Committee, support an amendment to the bill related to funding the Treasury Department and its Office. of Foreign Assets Control (OFAC).

This amendment would help alleviate the economic burden by suspending regulations on the export of agricultural products from the North American territory and would extend credit to Cuban food buyers for one year, the politicians explained.

They pointed out that given the complex panorama in the Antillean nation, it is the right time to enact a temporary suspension that would provide new opportunities to expand US exports to a market of 11 million people.

This proposal has the support of both parties and agricultural groups throughout the country, since it would create thousands of jobs in the North American country and provide necessary food at a lower cost for the Cuban people, parliamentarians indicated in a statement.

The congressmen warned about the shortage situation in the largest of the Antilles, exacerbated by the economic, commercial and financial blockade imposed by that government, the PL note added.

At the Third United States-Cuba Agricultural Business Conference, held last April, North American farmers expressed their willingness to do whatever is necessary to improve bilateral trade.

In 2000, Washington announced an exception to the blockade against Cuba by allowing the sale of food, but denied credit, so the Cuban government is obliged to pay in cash for products purchased from northern farmers.

The proximity between both countries could cut shipping prices, unlike what happens when Cuba must buy in Europe or other regions.

However, the current administration of Joe Biden maintains obstacles to trade and fails to fulfill campaign promises.

(Taken from ACN)

https://www-trabajadores-cu.translate.goog/20220720/legisladores-de-ee-uu-abogan-por-mas-comercio-agricola-con-cuba/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp

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