United States’ producers are unable to fully tap into the Cuban market because federal law prohibits private financing for agricultural trade with Cuba. This misguided policy creates a major roadblock to trade.
That’s why Sen. Heidi Heitkamp, D-N.D., and I introduced the Agriculture Export Expansion Act to lift the ban on private banks and companies offering credit for agricultural exports to Cuba.
It’s a small step that would help level the playing field for farmers and exporters, while simultaneously exposing Cubans to American ideals, values and products. A true win-win for American farmers and the Cuban people.
– U.S. Senator John Boozman, Member of the Senate Agriculture, Nutrition and Forestry Committee and Chairman of the Subcommittee on Commodities, Risk Management and Trade