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Transcripts For CSPAN3 Key Capitol Hill Hearings 20150423

See this restriction lifted. I think i can remind you hopes not a strategy and were hopeful that you all hopeful that you all will take the concern that is being expressed today about al import back to your smaller groups as you discuss opportunities going forward. Weve long been concerned about the extension of credit for ag transactions and trade. Hopefully i think tomorrow were going to try and take a move in the right direction. I think you guys have highlighted the number one thing that we think we can deal with, which is 908. I personally support lifting the embargo entirely. However, that may be a bridge too far for this congress. So weve got to take these baby steps. With that, i have a couple specific questions for you, under secretary. To date, the federal checkoff dollars have not been used with promotion for trade with cuba. Loose reasoning, i think almost an assumption, is that this is due to the language of tsra which precludes the use of any
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Transcripts For CSPAN3 Key Capitol Hill Hearings 20150423

Humanitarian basis, but could you talk about the effect it could have if we were to actually lift the embargo . It will have i believe a tremendous impact on our ability to sell products and greatly increase the amount of products that were currently selling to cuba. Again right now you are looking at about 300 million worth. Again, the study by texas a m and American Farm bureau believe that formalized relations and lifting of the trade restrictions, that number could be in excess of 1 million. Illion. Billion. What this would also mean to the cuban people with the ability to purchase agricultural inputs, fertilizer seed, chemicals, and equipment, i think it would give them also the ability to have agricultural businesses produce more of what their actual demands are in the country. And create revenue throughout to the countryside and help the cuban people especially that live in the rural areas. I think it is a win for both of us ....

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