|Friday, 12 June 2015 08:45|
Poblete Tamargo Attorney Jason Poblete was recently interviewed by McClatchy Washington Bureau about the status of various legislative proposals pending in Congress related to U.S.-Cuba sanctions:
One possible intermediate victory for the pro-trade lawmakers might be to ease restrictions on credit sales of products that are exempted from the embargo, even if the overall embargo remains in effect. Removing the cash-only payment for food and health care items would allow Cuba to buy American products on credit. Such a bill, with its smaller scope, might have a more realistic chance of passing. But that’s far from certain as well.
“It’s not the silver bullet – but for their side it would be a victory and a further erosion of the sanctions,” said Jason I. Poblete, a former Republican congressional staffer who’s an international regulatory lawyer with Poblete Tamargo LLP. As for the ongoing debate, Poblete said, “I’ve been watching this for 20-plus years, and it looks like more of the same – great for sound bites, great for politics, but it doesn’t move product.”
You can read the entire article here.