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U.S. Chamber Statement on Cuba Regulations Announcement
Myron Brilliant, executive vice president and head of International Affairs for the U.S. Chamber of Commerce, issued the following statement today in response the administration's announcement of regulatory changes regarding Cuba:
“Continued commercial engagement between the U.S. and Cuba has the potential to create jobs and growth opportunities for U.S. businesses, as well as to empower the Cuban people and bring further economic reform to the island. Plus, the U.S. has an important leadership role to play in promoting economic openness and the rule of law throughout Latin America. While we are disappointed by the imposition of tighter restrictions that limit that engagement, we are encouraged that the administration took steps to limit disruption to preexisting commercial activities, ensuring that U.S. companies can continue to do business with Cuba’s nascent private sector. We urge the administration to continue to keep business in mind and avoid further steps to restrict the economic relationship between the U.S. and Cuba.”