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US to Lift Cuba Trade Embargo

For the first time in four decades, the United States will allow export sales of food and medicine to Cuba. This new agreement, which was drafted by House Republicans, will also allow the export of goods to formerly blacklisted countries including Lybia, North Korea, Sudan, and Iran. Unlike the other four countries, Cuba will not be allowed to export products to the US, nor will it be able to secure American private financing. In the first year after the new rulings go into effect, John Kavulich, president of the U.S.-Cuba Trade and Economic Council, has estimated that exports of American food products could reach between $25 million and $45 million. However the proposed bill has fallen short of the expectations of the Cuban government, which has demanded a complete lifting of the trade embargo. Cuban-American activists on both sides of the issues also find the proposal flawed, stating concerns including the lack of guarantee that the food and medicine will reach the Cubans who need the supplies the most.
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Date of Scout Publication 2000-06-29
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