Arkansas governor asks Congress to grant credits to Cuba to facilitate trade
- Submitted by: Juana
- United States
- Business and Economy
- 11 / 06 / 2015
The governor of Arkansas, Asa Hutchinson, called for support to Republican and Democratic congressional leaders to allow US exporters to sell products to Cuba on credit, published yesterday the site Times Record.
"Just as Cuba recognizes the benefits of the easing of restrictions, we must be able to recognize similarly what it would be a benefit to the Americans," Hutchinson wrote in a letter to Congress.
The governor added that "in this area, Congress has an important role to play. The current requirement that transactions are only in cash limits the potential of nearly $ 40 million to Arkansas products."
Hutchinson is concerned that despite the fact that US exporters are allowed to sell products to Cuba, countries like Brazil and Vietnam are selling agricultural products like rice and chicken to the Caribbean island on credit.
source: www.cibercuba.com
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