US Trade Commission to Examine Impact of Lifting Sanctions on Cuba

© AP Photo / Ramon EspinosaChildren's shadows are cast on a Cuban national flag as they take part in a caravan tribute marking the 56th anniversary of the original street party that greeted a triumphant Castro and his rebel army, in Regla, Cuba, Thursday, Jan. 8, 2015
Children's shadows are cast on a Cuban national flag as they take part in a caravan tribute marking the 56th anniversary of the original street party that greeted a triumphant Castro and his rebel army, in Regla, Cuba, Thursday, Jan. 8, 2015 - Sputnik International
Subscribe
US International Trade Commission announced that it will examine the effect of lifting sanction-imposed restrictions would have on US exports to Cuba.

WASHINGTON, January 30 (Sputnik) — The US International Trade Commission (USITC) will examine the effect of lifting sanction-imposed restrictions would have on US exports to Cuba, the commission announced Friday in a press release.

“USITC…will provide an overview of recent and current trends in Cuban imports of goods and services, including from the United States, and an analysis of U.S. restrictions affecting such purchases, including restrictions on U.S. citizen travel to Cuba,” the commission said.

A car used as a taxi drives through the streets of Havana December 19, 2014. - Sputnik International
White House Spokesman Says US Still Disagrees With Cuba on Several Issues
The report, at the request of the Senate Committee on Finance, will examine what impact the lifting of US sanctions on Cuba would have on US trade with Cuba, while identifying Cuba’s major trading partners and current import and market trends.

The US maintains a host of congressionally mandated sanctions against Cuba that are unaffected by an announcement in December by US President Barack Obama to normalize relation with the island. Under Obama’s actions the US will open an embassy in Havana, ease travel restrictions on US citizens travelling to the country, and ease certain sanctions.

To lift the nearly 50 year embargo against the country, however, congress would have to enact legislation.

 

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала