Today, a final rule, opening U.S. trade with Cuba, was published in the Federal Register by the U.S. Treasury Department, Office of Foreign Assets Control (OFAC) and the U.S. Department of Commerce’s, Bureau of Industry and Security (BIS). Through this Federal Register notice, OFAC has amended its Cuban Assets Control Regulations and the BIS has amended the Export Administration Regulations with a “Support for the Cuban People” license exception. This final rule is effective today, with proposed rulemaking, opportunity for public participation, and delay in effective date deemed inapplicable because this regulation involves a foreign affairs function of the U.S.
Cuban cigars will not be readily available for U.S. consumers to purchase as a result of these changes.
Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced it is amending the Cuban Assets Control Regulations, 31 C.F.R. part 515 (the “CACR”), which will be published in the Federal Register tomorrow, January 16, 2015, at which time the changes will take effect. Continue Reading
Reprinted with permission from Clif Burns of the Export Law Blog.
A spokesman for the Treasury Department’s Office of Foreign Assets Control (“OFAC”) told Export Law Blog this morning that discussions between OFAC and the North Pole over Santa Claus’s Christmas Eve itinerary had once again broken down and were not expected to be resumed before Santa’s scheduled departure on December 24 at 10 pm EST. Continue Reading
Top Questions and Answers in regards to the December 17, 2014 announcement by President Obama stating the U.S. will lay out “a new course in our relations with Cuba.” Continue Reading
In a Miami Herald article published today, Congressional opposition to President Obama’s announcement that the U.S. will lay out “a new course in our relations with Cuba” was discussed. Continue Reading
President Obama announced that the U.S. will lay out “a new course in our relations with Cuba.” This could mean new changes for very specific sectors at first – travel, financial services, telecom/communications, and companies that make and sell building materials and agricultural equipment. The current Sanctions in place will be eased for those engaged in trade and commerce. Does this mean that Cuban cigars will be readily available for U.S. consumers? No. The specific details of how this will occur are not in place yet, however they should be in the coming weeks. This does not mean the Sanctions imposed by the Cuban Assets Control Regulations issued in 1963 will end (that would take Congressional approval), they will just be eased in the following ways. Read on for the full details. Continue Reading
Do you import food products (or any FDA regulated product) into the U.S.? I’ve launched a new website (www.FDA-USA.com) to assist you in learning the basic requirements for FDA regulated products. The website features information for importers of food, drugs, cosmetics, medical devices, dietary supplements and alcoholic beverages.
Don’t forget, if you are a registered food facility with the FDA and don’t comply with FDA’s mandatory biennial registration, FDA can cancel your FDA Food Facility Registration. Learn more about the Biennial Registration requirement in my previous post here.
CBP is currently taking volunteers for a brand new Intellectual Property Rights (IPR) voluntary pre-compliance program. The Journal of Commerce reported on the new pilot program here.
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Every now and then there is a charity that just plain and simply warms your heart and has you painlessly giving away your money you work so hard to obtain. The Humane Society of Greater Miami is that charity for me, hence the break from our normal customs and trade posts. Both of my precious pets are from the Humane Society – and I am extremely thankful.
This is my small way to give back, and I hope you will join me if you are in Miami on 2/28/15!
The 11th Annual International Business Trade Expo (IBTE), “Expanding Beyond Our Borders,” will be held Thursday, October 16, 2014 at the Broward Center for the Performing Arts.
The event promotes international trade and highlights the significant impact that bilateral trade has in South Florida’s economy. IBTE is hosted by the Lauderhill Regional Chamber of Commerce (LRCC) in partnership with: Florida Chamber of Commerce; Enterprise Florida; City of Lauderhill; Broward Center for the Performing Arts; Unique Production International, and MD Marketing Network.
Business leaders from across the globe will convene to strategize on how to promote and expand bilateral trade between Florida the Caribbean and Latin America. Attendees will hear from experts on trade issues and regulations affecting Florida’s international business economy, and more.
Featured Speakers, Panels and Workshops are listed below: