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News & Insights

Legislation to Lift Cuba Embargo Is Key Step Toward Advancing Bilateral Relations

February 12, 2015


Washington, DC – Today, USA*Engage and the National Foreign Trade Council (NFTC) welcomed the bipartisan introduction of legislation that would lift the Cuba trade embargo – the Freedom to Export to Cuba Act.

“The Freedom to Export to Cuba Act introduced today is positive news for all sectors of the U.S. economy, as it would make all legal U.S. agricultural products and all other U.S. products and services available for export,” said Richard Sawaya, USA*Engage Vice President. “We are encouraged to see the new Congress taking steps that will create new economic opportunities for U.S. businesses so soon after the President’s announcement on Cuba policy changes.”

“We applaud the leadership of the bipartisan coalition of senators who introduced legislation today to lift the Cuba trade embargo – a policy move that is long overdue,” said Jake Colvin, NFTC Vice President for Global Trade Issues. “Removing self-imposed restrictions to a closer commercial relationship with Cuba will benefit American businesses and the Cuban people.”

NFTC and USA*Engage are members of the recently-launched U.S. Agriculture Coalition for Cuba. USA*Engage has worked for nearly twenty years to encourage a shift in America’s outdated policy toward Cuba, with the ultimate goal of lifting the embargo.

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About USA*Engage

USA*Engage (www.usaengage.org) is a coalition of small and large businesses, agriculture groups and trade associations working to seek alternatives to the proliferation of unilateral U.S. foreign policy sanctions and to promote the benefits of U.S. engagement abroad. Established in 1997 and organized under the National Foreign Trade Council (www.nftc.org), USA*Engage leads a campaign to inform policymakers, opinion leaders, and the public about the counterproductive nature of unilateral sanctions, the importance of exports and overseas investment for American competitiveness and jobs, and the role of American companies in promoting human rights and democracy worldwide.

 

About NFTC
The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York. Follow us on Facebook and Twitter.

 

 

 
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