New Bill To Expand U.S. Agricultural Exports to Cuba

On May 14  U.S. Senators John Boozman (Rep., AK) and Michael Bennet (Dem., CO) introduced a bill to expand U.S. agricultural exports to Cuba by removing barriers to private financing of same. [1]

Senators Bennet and Boozman issued coordinated press releases about the bill. They said the bill would “remove a major hurdle for American farmers and ranchers to selling American agricultural products in the Cuban market. The bipartisan bill would support jobs in Colorado, Arkansas, and across the country by lifting restrictions on private financing for U.S. agricultural exports to Cuba.”

The press releases also stated, “the biggest barrier for producers as they seek access to Cuba is the Trade Sanctions and Reform Act (TSRA) prohibition on providing private credit for those exports, which forces Cubans to pay with cash up front for American-grown food. As a result, American farm goods have become less competitive, and Cuba has turned to other countries who are able to directly extend credit to Cuban buyers for transactions. This bill would amend the TSRA to allow for private financing of agricultural exports and level the playing field for American farmers competing in the global market.”

The press releases included supportive statements from Rocky Mountain Farmers Union, the Colorado Association of Wheat Growers, the Colorado Farm Bureau, Colorado Potato, Arkansas Farm Bureau, Agricultural Council of Arkansas and Arkansas Rice Federation.

The original co-sponsors of the bill are the following senators: Jerry Moran (Rep., KS),  Susan Collins (Rep., ME), Mike Enzi (Rep., WY), Kevin Cramer (Rep., ND), John Hoeven (Rep., ND), Tom Udall (Dem., NM), Mark Warner (Dem., VA), Debbie Stabenow (Dem. MI), Patrick Leahy (Dem., VT); Amy Klobuchar (Dem., MN) and Angus King (Ind., ME).

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[1] Library of Congress, S.1447: A bill to allow the financing by United States persons of sales of agricultural commodities to Cuba (May 14, 2019); Sen. Boozman, Press Release, Boozman, Bennet Reintroduce Bipartisan Bill to Expand Agricultural Exports to Cuba (May 14, 2019); Sen. Bennet, Press Release, Bennet, Boozman Reintroduce Bipartisan Bill to Expand Agricultural Exports to Cuba (May 14, 2019); USA: Presented bipartisan project to expand agricultural sales to Cuba, Cubadebate (May 15, 2019).

 

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dwkcommentaries

As a retired lawyer and adjunct law professor, Duane W. Krohnke has developed strong interests in U.S. and international law, politics and history. He also is a Christian and an active member of Minneapolis’ Westminster Presbyterian Church. His blog draws from these and other interests. He delights in the writing freedom of blogging that does not follow a preordained logical structure. The ex post facto logical organization of the posts and comments is set forth in the continually being revised “List of Posts and Comments–Topical” in the Pages section on the right side of the blog.

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