Bill Re-Introduced in Attempt to End Cuba Embargo
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Earlier this month, the Freedom to Export to Cuba Act was re-introduced by a bipartisan group of senators proposing the removal of the trade embargo placed on Cuba.
With aims to normalize trade relations with Cuba, Sens. Amy Klobuchar (D-MN), Jerry Moran (R-KS), Chris Murphy (D-CT), Roger Marshall (R-KS), and Elizabeth Warren’s (D-MA) bill was re-introduced in order to “create new economic opportunities by boosting U.S. exports and allowing Cubans greater access to American goods,” as quoted in a statement from Klobuchar’s office.
The bill reiterates that other U.S. laws regarding Cuba’s human rights-based injustices be kept intact. As stated by Senator Murphy, “ we can expand opportunities for American businesses and farmers to trade with Cuba while still holding the Cuban government accountable for its human rights record. This bipartisan legislation is a smart fix that will create American jobs and benefit the Cuban people.”
Additional support of the bill has been found in Senate Finance Committee Chair, Ron Wyden (D-OR) who has pushed for increased licenses for Cuba’s small and medium-sized businesses as well as international banking access.
Strong opposition to the bill is expected, potentially including from Senator Rick Scott (R-FL), Marco Rubio (R-FL), and Bob Menendez (D-NJ), who serves as the Senate Foreign Relations Chair.
A copy of the bill has not yet been released.
Chair, International Trade & National Security Practice Group, Buchanan Ingersoll & Rooney
Mr. Pickard counsels U.S. and international clients on the laws and regulations governing international trade, with particular emphasis on import remedy, anti-bribery, national security, and export control issues. He represents and advises clients in matters related to trade remedy investigations (including antidumping, countervailing duty, and safeguard cases), U.S. economic sanctions, export controls, anti-boycott measures, and the Foreign Corrupt Practices Act (FCPA). Mr. Pickard provides comprehensive international trade law compliance guidance, including assessing and resolving sensitive national security matters; developing corporate compliance programs; establishing compliance with the National Industrial Security Program (NISP) and mitigating Foreign Ownership, Control, or Influence (FOCI) issues; conducting internal investigations relating to potential violations; and appearing before the relevant agencies in connection with investigations, licensing, and enforcement actions. He also teams with the firm’s Election Law & Government Ethics Group to provide guidance pertaining to the Foreign Agents Registration Act (FARA).
Mr. Pickard represents clients before the U.S. International Trade Commission (ITC), the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the U.S. Department of Justice (DOJ), the U.S. Department of State’s Directorate of Defense Trade Controls (DDTC), the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) and International Trade Administration (ITA), the U.S. Department of Defense’s Defense Security Service (DSS), the Committee on Foreign Investment in the United States (CFIUS), the U.S. Court of International Trade, and the U.S. Court of Appeals for the Federal Circuit.