Since the 1960s, the United States has maintained an embargo against virtually all trade with Cuba. In December 2014, however, the Obama Administration announced the formal commencement of normalization of relations with Cuba. In the months that followed, the U.S. has opened an embassy, the President has visited Havana, and businesses have been lining up to tap into the untouched Cuban market.
Nevertheless, the United States’ embargo of Cuba remains in force. Although the embargo is subject to an ever-growing set of regulatory permissions and licenses, the penalties for unauthorized conduct remain significant. When counseling clients who are interested in pursuing opportunities in Cuba, it is imperative to understand both what is permissible today and how to navigate the applicable regulations to determine whether specific activities are permitted or require further authorization.
This course, presented by John Fuller of Fox Rothschild LLP’s International Trade group, will explore the contours of the United States’ embargo of Cuba in 2016: what activities are permitted, what activities are not, and how to ensure that any proposed commercial ventures avoid violating the network of relevant regulations.
found the lecture informative
Accomplished presenter examines this timely topic.
Very informative and very well presented.