President Trump Deserves Opportunity To Right An Obama Administration Wrong

Support SFTCP With DCB

A Syringe That Five Members Of Congress Should Prefer

OFAC And Banks Would Benefit

Quote:

---

Not permitting direct correspondent banking was just one of too many areas of neglect (certified claimants, only coffee (Nespresso) and charcoal (Fogo), continued restrictions upon international financial transactions, etc.) by the Obama Administration relating to the implementation of rules, regulations and policies that would have provided additional means for United States companies engage with the Republic of Cuba and to specifically use SFTCP as a means for that engagement.

Direct correspondent banking will also permit authorized purchasers in the Republic of Cuba to transmit payments directly to United States companies for the products (including high-priced durable equipment) and services they provide by statute and by executive branch decision. A piece of farm equipment awaiting export has languished in Alabama since 2016.

That means more revenues for individuals and companies in the United States- and hopefully additional employment opportunities throughout the United States for those exporters. Thus, the cost to import and the cost to export will be reduced; and this will benefit importer and exporter. The Trump Administration appreciates the necessary arithmetic.

---

http://www.cubatrade.org/blog/2017/12/12/pres...-sftcp-dcb