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Business Summit Provides Legal Way to Explore Cuban Market

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It is legal for American businesspeople to visit Cuba if they receive a license from the Office of Foreign Assets Control of the U.S. Department of Treasury, or if they are “fully hosted” by a non-American company.

U.S. firms considering Cuba as an export market should visit Web sites posted by the Treasury Department (https://www.treas.gov/ofac/), the Commerce Department (https://www.bxa.doc.gov/factsheets) and the U.S.-Cuba Trade and Economic Council (https://www.cubatrade.org).

Italian firm Cristobal is sponsoring a U.S.-Cuba business summit June 7 to 10 in Cancun, Mexico, and Havana. The cost of $2,950 for the “fully hosted” summit includes meetings with Cuban officials in Cancun and Havana, flights between the cities, meals and lodging.

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Topics include trade opportunities with Cuba, foreign investment laws and procedures, and what U.S. firms can do in Cuba today. For more information, call (202) 530-5234 or visit https://www.uscubasummit.com.

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