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Reply #80: Only limited exemptions on trade with Cuba, all requiring Treasury Dept OFAC approval. [View All]

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Mika Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-12-10 12:45 PM
Response to Reply #73
80. Only limited exemptions on trade with Cuba, all requiring Treasury Dept OFAC approval.
Only a limited number of licenses are issued by OFAC every year.

Cuba has to pay US vendors in cash prior to shipping - the only country the US requires this from.

There is no "free trade" with Cuba.

The ban on 3rd country shippers is still in effect. That means that any transport ship that has entered a Cuban port is banned from porting in the US for 6 months (only US shippers can get OFAC approval). That seriously impedes normal shipping to/from Cuba and radically increases shipping costs on any products shipped to Cuba.

And still to this day, US citizens and residents, of non Cuban decent, are relegated to 2nd class status by the US gov by being travel banned from unfettered travel to Cuba.

US citizens and residents of Cuban decent are endowed with their full US constitutional rights - they can travel anywhere including Cuba.






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