Cuba Agricultural Exports Act
This bill aims to make changes to the restrictions on United States assistance and financing for exports to Cuba, particularly in the agricultural sector. The bill recognizes the historical trading relationship between the two countries and the potential benefits of agricultural trade. It highlights the challenges faced by US exporters in trading with Cuba, such as limited credit options and restrictions on trading partners.
The bill proposes modifications to the Trade Sanctions Reform and Export Enhancement Act of 2000 to allow certain exceptions for agricultural exports to Cuba under specific programs. It also addresses the financing of sales of agricultural commodities to Cuba and allows US entities to invest in agricultural businesses in Cuba under certain conditions determined by the Secretaries of State and Agriculture.Overall, the bill seeks to provide more opportunities for US farmers and ranchers to engage in trade with Cuba.