Cuba: An Update on the Liberalization of Trade Relations
June 18, 2015
New York, NY
Starts: 9:00 AM
Ends: 10:30 AM
Site: Crowell & Moring
Address: 590 Madison Avenue
WATCH: Video of the Cuba Event in NY
President Obama's new course in U.S. Cuba policy took shape earlier this year with the release of new authorizations amending the Cuban Assets Control Regulations (CACR) and the Export Administration Regulations (EAR), providing industry with the new "rules of the road" authorizing certain transactions in or with Cuba – both in the short term and long term.
While new general licenses and policy positions announced by the Office of Foreign Assets Control (OFAC) and the Commerce Department's Bureau of Industry and Security (BIS) present exciting opportunities for U.S. companies interested in doing business with Cuba, the new regulations still present significant compliance risks.
Please join us for an update on Cuba trade policy, the prospective for further liberalization, and a discussion of the commercial considerations as U.S. businesses develop their strategy for reengaging with Cuba.
- An overview of the thawing of relations with Cuba and the prospects for further liberalization in 2015
- A discussion of the Cuban business and legal environment
- An update on strategies for compliant business engagement and investment in Cuba – the new rules
- Cuban trade – inbound and outbound opportunities and risks – the path forward and lessons learned
Crowell & Moring Participant(s)