News & Analysis as of

Trade Restrictions Embargo

Carlton Fields

Cuba: The Risks and Rewards for U.S. Businesses

Carlton Fields on

Background - Last week, the Obama Administration announced that the President intends to visit Cuba next month. He will find a political mixed bag of optimism and resignation. American businesses will find an equally...more

Morgan Lewis

US Government Further Relaxes Trade Restrictions with Cuba

Morgan Lewis on

However, the new transaction rules leave the embargo largely in effect. Early this week, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Department of Commerce’s Bureau of Industry and...more

Davis Wright Tremaine LLP

Cuba Si! Trade With Cuba … Not Quite Yet

There has been much fanfare surrounding the reestablishment of diplomatic relations with Cuba, starting with President Obama’s announcement of the resumption of bilateral relations, and followed by the formal establishment of...more

King & Spalding

Cuba No Longer a State Sponsor of Terrorism, but Future of Trade Relations Still To Be Determined

King & Spalding on

On June 10, Senator Jerry Moran (R-KS) introduced S. 1543: The Cuba Trade Act of 2015, which aims to "repeal{} or amend current laws restricting trade with Cuba," including "the enforcement of an economic embargo of Cuba,"...more

Cozen O'Connor

U.S. and Cuba Reestablish Diplomatic Relations

Cozen O'Connor on

On July 1, President Obama announced that the United States and Cuba had reached agreement on the reestablishment of diplomatic relations and that the two countries would soon reopen embassies in each other’s capitals for the...more

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