USDBC TO STUDY CUBA MARKET OPPORTUNITIES IN 2019

The 2018 Farm Bill allows for the first time, the use of FAS market promotion funding to conduct export development activities in Cuba. In the past, U.S. agricultural trade organizations have used private funding to promote trade with Cuba. Despite the fact that many of the financial and banking restrictions remain in place, this is a win for U.S. agricultural trade. Cuba is a fantastic new market prospect for the U.S. dry bean industry and we will conduct an initial market scoping exercise in the second quarter of 2019 with the goal to put together a trade mission to the island in late 2019 or early 2020, specific date to be determined.