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On May 17, the Government of Iraq (GOI) announced higher purchase prices for locally-produced wheat in an effort to incentivize farmers to market their crop to the Ministry of Trade. On June 8, the GOI also passed a food security bill that allows the government to use public funds to meet urgent food needs, including issuing tenders to import wheat.
As required by U.S. statute, the United States maintains a trade embargo with Cuba. However, agricultural commodities are exempt provided that export transactions meet certain legal criteria.
Looking for trade and economic data, trade regulations, service providers, or general background information on Cuba?
In December 2014 the United States embarked on a new diplomatic journey with Cuba, in the process rejuvenating U.S. agriculture’s interest in our southern neighbor.
Since the Trade Sanctions Reform and Export Enhancement Act (TSRA) was implemented in 2000, the United States has exported nearly $5 billion worth of agricultural products to Cuba.
U.S. suppliers willing to navigate a detailed set of U.S. regulatory controls related to exporting to Cuba will find that the island is fairly receptive to U.S. products.