U.S. Cash-In-Advance Food/Ag Exports To Cuba Exceed US$6 Billion
/In December 2001, the first agricultural commodity exports were delivered directly from the United States to the Republic of Cuba using provisions of the Trade Sanctions Reform and Export Enhancement Act (TSREEA) of 2000.
The TSREEA re-authorized the direct commercial (on a cash basis) export of food products (including branded food products) and agricultural commodities from the United States to the Republic of Cuba, irrespective of purpose. The TSREEA does not include healthcare products, which remain authorized and regulated by the Cuban Democracy Act (CDA) of 1992.
The data represents the U.S. Dollar value of product exported from the United States to the Republic of Cuba under the TSREEA. The data does not include transportation charges, bank charges, or other costs associated with exports; the government of the Republic of Cuba reports unverifiable data that includes transportation charges, bank charges, and other costs.
LINK To Economic Eye On Cuba Report