NFTC, USA*Engage Welcome Obama Administration Actions to Facilitate U.S.-Cuba Trade and Travel

Tuesday, 15 March 2016
 Washington DC – Today, in response to the Obama Administration amending several regulations that currently and unnecessarily limit trade and travel between the United States and Cuba, the National Foreign Trade Council (NFTC) and USA*Engage released the following statement.

USA*Engage Vice President Richard Sawaya said:

“We applaud the announcements made today and the Administration’s continued efforts to restore relations with Cuba and the Cuban people. By lifting restrictions in a number of areas – from allowing dollar transactions to putting in place measures to facilitate commerce, including new shipping and importation rules – the Administration is taking important steps to move the U.S.-Cuba relationship forward.”

NFTC Vice President for Global Trade Issues Jake Colvin said:

“The new trade and travel rules announced today will go a long way in helping to remove unnecessary roadblocks to the flow of commerce and people between Cuba and the United States. We have long advocated for lifting the U.S. embargo, and the new rules address some of its most onerous restrictions.”