By Craig Tarasoff
After President Obama announced in January that restrictions
on trade with and travel to Cuba would be relaxed, the ITC initiated a study to
learn of the economic effects on exports of goods and services. The ITC will be
preparing a report for the Senate Finance Committee, which will include an
overview of Cuban imports, a description of how US law will affect Cuban
imports on US goods and services, and an estimate of US exports to Cuba. This
analysis will be particularly important for manufacturers with an interest in investing
and trading with Cuba. A public hearing will be held in March. See Industry
Week and National
Law Review for more details.
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