U.S. Chamber Welcomes Moves to Ease Travel, Trade Restrictions on Cuba

Tuesday, March 15, 2016 - 6:00pm

WASHINGTON, D.C. — Carlos Gutierrez, Chair of the U.S. Chamber of Commerce’s U.S.-Cuba Business Council, today issued the following statement regarding the Obama administration’s announcement that it will further ease travel and trade restrictions relating to Cuba:

“Today’s announcement makes important changes to U.S. regulations that will make it easier for U.S. companies to do business in Cuba while also empowering the growing Cuban private sector. The U.S.-Cuba Business Council will continue to focus on removing barriers to trade and travel, specifically in sectors where opportunities currently exist, such as agriculture, health, tourism, environmental, IT and retail.

“We also continue to believe that these changes in U.S. policy should be met in kind by the Cuban government with measures to open up new economic opportunities for Cuban citizens. A good place to start would be Cuba’s taxes on the use of U.S. dollars.”

The USCBC works with the U.S. Congress, respective public and private sectors, and other key stakeholders to remove barriers to trade and create jobs, growth and prosperity in both countries. Additionally, the Council urges the Cuban government to continue to make policy changes to lessen government control or ownership of Cuban businesses.

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations. Its International Affairs division includes more than 70 regional and policy experts and 25 country- and region-specific business councils and initiatives. The U.S. Chamber also works closely with 117 American Chambers of Commerce abroad.