WASHINGTON, DC-- Today the Obama Administration
announced a set of new rules that will further normalize relations between the United States and Cuba. These regulatory changes include easing restrictions on authorized travel, and allowing U.S. companies to establish offices in Cuba.
The announcement builds upon moves made by the Departments of Treasury and Commerce earlier this year to loosen U.S. restrictions on trade and travel with Cuba.
The embargo remains in effect, however, and must be lifted by an act of Congress. USA Rice is actively involved in efforts to promote normalized commercial relations with Cuba through membership and leadership in the U.S. Agriculture Coalition for Cuba (USACC). These most recent announcements do not appear to directly impact U.S. agricultural trade with Cuba.