CubaTrade-April2017-FLIPBOOK
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in closing<br />
Put America first<br />
by lifting the<br />
Cuban embargo<br />
By U.S. Senator Jerry Moran (R-Kan.)<br />
Approximately 95 percent of the world’s consumers live outside<br />
America’s borders. Markets in the United States will continue to<br />
evolve to meet domestic consumer demand, but the vast majority<br />
of the future growth in food and agriculture markets will be made<br />
through exports. And the best way to boost prices for American<br />
producers now and in the future is to export more of our agriculture<br />
products to these foreign markets.<br />
Our farmers and ranchers produce the safest, highest-quality<br />
products in the world. Despite this advantage, we are in the<br />
midst of one of the worst economic downturns for farmers since<br />
the Great Depression, with farm income down nearly 50 percent<br />
since 2013 and expected to continue its decline.<br />
The 2016 harvest in Kansas and across much of the country<br />
had record-breaking yields, but unfortunately, there are still large<br />
piles of wheat, corn, and other grains sitting on the ground next to<br />
grain bins that are filled to capacity. American farmers need more<br />
markets to sell the excess supply of food and fiber they produce.<br />
Meanwhile, only 90 miles from our shore, Cuba and its<br />
11 million people offer a significant opportunity for increased<br />
exports. As in years past, I am again championing legislation that<br />
would lift our nation’s Cuba trade embargo so we can improve<br />
the outlook for American farmers and ranchers.<br />
Cuba imports the vast majority of its food. In fact, wheat is<br />
Cuba’s second largest import, second only to oil. And when we<br />
don’t sell to Cuba, another country does. While our unilateral<br />
trade barriers block our own farmers and ranchers from feeding<br />
this market, willing sellers such as Canada, France and China<br />
benefit at the expense of American farmers.<br />
To understand what we are missing out on, consider our<br />
current trade relationship with the Dominican Republic (D.R.),<br />
another nearby Caribbean nation with a comparable population,<br />
income level, and diet. Between 2013 to 2015, the D.R. imported<br />
an average of $1.3 billion in U.S. farm products. During the same<br />
time, Cuba imported just $262 million. That difference represents<br />
a billion dollars of exports that U.S. farmers are missing out on<br />
because of our trade restrictions on Cuba. There is a clear and substantial<br />
potential for increased exports if we lift the trade embargo.<br />
My bill, the Cuba Trade Act, would amend our country’s<br />
laws so American farmers can operate on a level playing field<br />
with the rest of the world. As I often say, in Kansas we will try<br />
anything once—and sometimes twice or even three times. However,<br />
when we have been trying something for more than five<br />
decades and it has yet to work, it is time to change direction.<br />
The Cuban embargo was well intentioned when it was<br />
enacted. Today it only serves to hurt our own national interests by<br />
restricting American freedoms to travel and to conduct profitable<br />
business. If we’re truly committed to putting America first, lifting<br />
the embargo is an easy choice. I encourage my colleagues to<br />
recognize the need for this change, and to join me in my effort to<br />
open the Cuban market for the good of the American people. H<br />
Sen. Jerry Moran (R-Kan.) recently introduced Senate Bill S.472 to<br />
lift the U.S. embargo against Cuba.<br />
98 CUBATRADE APRIL 2017