GEORGIA TRADE WITH CUBA August 11, 2015. OVERVIEW OF RECENT POLICY CHANGES ► Telecommunications...

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GEORGIA TRADE WITH CUBA August 11, 2015

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U.S. EXPORTS TO CUBA Source: Global Trade Information Service (GTIS), Global Trade Atlas

Transcript of GEORGIA TRADE WITH CUBA August 11, 2015. OVERVIEW OF RECENT POLICY CHANGES ► Telecommunications...

Page 1: GEORGIA TRADE WITH CUBA August 11, 2015. OVERVIEW OF RECENT POLICY CHANGES ► Telecommunications ► Consumer Communication Devices ► Financial Services.

GEORGIA TRADE WITH CUBA

August 11, 2015

Page 2: GEORGIA TRADE WITH CUBA August 11, 2015. OVERVIEW OF RECENT POLICY CHANGES ► Telecommunications ► Consumer Communication Devices ► Financial Services.

OVERVIEW OF RECENT POLICY CHANGES

► Telecommunications

► Consumer Communication Devices

► Financial Services

► “Cash in Advance” Definition

► License Application Review Policies

Page 3: GEORGIA TRADE WITH CUBA August 11, 2015. OVERVIEW OF RECENT POLICY CHANGES ► Telecommunications ► Consumer Communication Devices ► Financial Services.

U.S. EXPORTS TO CUBA

Source: Global Trade Information Service (GTIS), Global Trade Atlas

Page 4: GEORGIA TRADE WITH CUBA August 11, 2015. OVERVIEW OF RECENT POLICY CHANGES ► Telecommunications ► Consumer Communication Devices ► Financial Services.

GEORGIA EXPORTS TO CUBA

Source: Global Trade Information Service (GTIS), Global Trade Atlas

Page 5: GEORGIA TRADE WITH CUBA August 11, 2015. OVERVIEW OF RECENT POLICY CHANGES ► Telecommunications ► Consumer Communication Devices ► Financial Services.

GEORGIA POULTRY EXPORTS TO CUBA

Source: FAS Agricultural Export Data

Page 6: GEORGIA TRADE WITH CUBA August 11, 2015. OVERVIEW OF RECENT POLICY CHANGES ► Telecommunications ► Consumer Communication Devices ► Financial Services.

FUTURE TRADE WITH CUBA

► Revisions / additions to permissible exports► Support for the Cuban People► Embargo remains in place, pending legislative action

► Third party payment provisions remain unclear► One correspondent banking relationship established► U.S. banks hesitant to engage

► “Cash in Advance”► “Cash before transfer of title to, and control of” export items


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