countdown

Post By @CubanWindow

The political will of the Presidents Barack Obama and Raul Castro has succeeded on putting in two years the representatives of the most diverse political tendencies at the negotiating table and agree on the basis of mutual benefits -not in the concession as the media want to make us believe -.

Going in to a kind of countdown for a change in the White House, the predictions about what will happen with the opening in relations between both countries its not quit clear yet. We leave a summary of what has happened in the economic radar in recent days between U.S. and Cuba

On Wednesday, Rick Crawford filed HR525, the Cuba Agricultural Exports Act, listing more than two dozen co-sponsors. “We have just a tremendous amount of support in the agriculture industry, almost 100 percent across-the-board support for this””Donald Trump, President Trump, he’s a businessman. He recognizes a good opportunity when he sees one and I think he’ll view it in that context and I think we’ll be able to move this thing””There’s no taxpayer backstop on this. The U.S. government is not going to subsidize these business transactions with private sector entities” Crawford said. “If an American entity wants to take that risk, they’ll have the flexibility and the freedom to do that now. … It’s not the taxpayer who will be on the hook for it. It’s strictly the private sector at work”

Last Thursday, the Arkansas Farm Bureau and Arkansas Rice Council joined scores of other organizations in urging Trump to allow free trade between the two nations. The letter asked the New York Republican to remove business barriers, emphasizing the need for the agricultural credit ban to be removed.

Signatories included a wide range of agricultural trade groups, from the American Farm Bureau and American Feed Industry Association to the soy bean, corn, rice, wheat, peas, beans, cattle, poultry lobbies and other associations

James Williams, president of Engage Cuba, said Thursday’s letter to Trump shows that there is broad support for increasing trade between the two countries. Engage Cuba is “the leading coalition of private companies and organizations working to end the travel and trade embargo in Cuba.””The American agriculture community, and Arkansas is a leader in this, is unified in pushing President-elect Trump to support American agriculture by maintaining and expanding trade in Cuba”

On Friday, agricultural leaders said they’re eager to compete in a country that imports $2 billion in agricultural products every year.“We want to see trade with Cuba. We think it’s a great market for us, so we’re doing everything we can to try to get that trade opened up”

U.S. Chamber of Commerce President and C.V Starr & Co. President land on Friday in Cuba to discuss issues of mutual interests including  to sign a number of agreements with major companies such as General Electric

The Chamber of Commerce has opposed the U.S. trade embargo for decades and is a strong supporter of the normalization process

WIF: Reuters + Arkansas Online

 

 

 

Advertisements