Group pushes Cuba trade
Association seeks the normalizing of relations with the island nation
BY GREG EDWARDS
TIMES-DISPATCH STAFF WRITER Apr 28, 2005
More than 30 organizations from 19 states, including some of the country's largest agribusiness companies, have joined together to work for improved business relations with Cuba. The U.S.-Cuba Trade Association's goals are to protect and expand trade and promote normal business relations with the island country, which has faced a U.S. trade embargo for 45 years.
(snip)
The group is supporting legislation in the Senate and House of Representatives that would make trade with Cuba easier. Among other things the legislation would overturn a ruling this year by a Treasury Department agency that U.S. exports to Cuba must be paid for up front before leaving U.S. ports.
(snip)
Members of the new trade group include Archer Daniels Midland, Cargill, Caterpillar, the Port of Galveston, the Louisiana Department of Economic Development and the National Foreign Trade Council.
The group's advisory board is led by William D. Rogers, a former assistant secretary of state, and includes David Rockefeller, the retired chairman of The Chase Manhattan Corp. and a promoter of international cooperation; former trade representative Carla Hills and two former secretaries of defense, Frank Carlucci and James Schlesinger. Carlucci said he believes that normalizing business relations with Cuba is in the U.S. national interest and would bring better results than the trade embargo.
(snip/...)
http://www.timesdispatch.com/servlet/Satellite?pagename=RTD%2FMGArticle%2FRTD_BasicArticle&c=MGArticle&cid=1031782404537&path=!business&s=1045855934855