The Democratic Senate will be there to guide the new Biden administration, in this period and in a firm way, to reconcile trade between the US and Cuba, at a time when it is evaluating what measures the Trump administration should reverse and which In order.
On February 5, the United States Democrat Ron Widen, chairman of the Senate Finance Committee, introduced a bill, “The Trade Act of 2021 between the United States and Cuba,” whose ultimate purpose is to affect the entire range of the legal chain. Those who influence trade, investment and travel with Cuba to move decisively into the restoration of commercial relations with the island.
Among the most important measures included in this bill, the “Torricelli” law, which established the standard basis for the broad scope of embodimentism on Cuba, would be repealed. This law of 1992 prohibited foreign affiliates of American companies from doing business with Cuba or with Cuban citizens and entering US territory for a period of 180 days, previously a port of Cuba at any foreign port I had landed.
The Hales-Burton Act will also be repealed. His Title III activism with Trump in 2019 was one of his most notorious measures, along with a series of sanctions and systematic measures adopted specifically during the final part of his mandate, cutting remittances from the United States , Travel limits of Americans, the disappearance of American flights and cruises to the island, etc.). The Hales-Burton Act recognizes the right to sue American-sector companies and individuals who are “trafficked” with confiscated or nationalized property after the Cuban revolution, and title IV State Department to the United States Restricts entry or authorizes their removal. Such people, who are related to these traffickers, the managers of these institutions and their families. Specifically, the bill that Whedon has introduced provides that the President of the United States must take all necessary measures to advance negotiations with the Cuban government in order to seize the claims or persons of the United States Claims can be resolved. Nationalization of their former properties and ensuring the protection of internationally recognized human rights. Section 211 of the Department of Commerce and related agencies Act 211, which prohibits the United States registration of trademarks related to nationalized properties and denies recognition by the US courts of any rights over such properties, will also be repealed. . In favor of Cuban companies.
In the same way, the express reference to Cuba as a state sponsor of terrorism would be abolished, the importation of United States goods of Cuban origin or transportation through or through Cuba, discriminatory treatment of products of Cuban origin. In reality stop at the end.
Nor may any travel by or for citizens or residents of Cuba or the United States, or generally incidental to the said visit, including, in particular, accommodation and subsistence, normal banking transactions, May not be limited or prohibited. In foreign currency, travelers’ checks or other negotiable instruments.
It would also abolish all regulations that limit the amount of money that can be sent or sent to Cuba, which can be made by anyone subject to the jurisdiction of the United States and the Secretary of the Treasury does not limit them so far Can,.
The new Biden administration will take gradual and conditional action.