U.S. Senator Jerry Moran (R-Kan.) and U.S. Senator Angus King (I-Maine) today introduced legislation to restore trade with Cuba. The Cuba Trade Act of 2015 (S. 1543) would grant the private sector the freedom to export U.S. goods and services to Cuba while protecting U.S. taxpayers from any risk or exposure associated with such trade.
"I am proud to have my colleague Senator King join me in introducing the Cuba Trade Act of 2015," Sen. Moran said. "Cuba is only 90 miles from our border, making it a natural market for our nation's farmers and ranchers. By lifting the embargo and opening up the market for U.S. agricultural commodities, we will not only boost the U.S. economy but also help bring about reforms in the repressive Cuban government. I am hopeful that increasing the standard of living among Cuban citizens will enable them to make greater demands on their own government to increase individual and political rights."
"For far too long, the Cuban people and American businesses have suffered at the hands of an antiquated trade embargo," Sen. King said. "Like the Cold War that created it, the embargo should be put in the history books. The Cuba Trade Act would finally end our outdated embargo policy and establish a new economic relationship with Cuba that will support increased trade for American businesses and help the Cuban economy and its people to flourish. It's past time we take this step forward, and I hope Congress will act to help bring our relationship with Cuba into the 21st century."