U.S. Bureau of Industry and Security (BIS)

Up to 110 Daily Flights from the U.S. to Cuba

 

If you are in aviation – commercial or private – there are potential new business opportunities in Cuba. The American government and our new friendly neighbor to the south, the Republic of Cuba last sat at the negotiation table to discuss Air Transportation agreements in 1957, as parties to the Convention on International Civil Aviation. Nearly sixty years later, on February 16, 2016, the United States government and Cuba entered into an aviation agreement, the U.S.-Cuba Memorandum of Understanding of February 16, 2016, and intend to apply the basis of comity and reciprocity of the agreement.

Immediately after, Anthony Foxx, U.S. Transportation Secretary, Charles Rivkin, Assistant Secretary of State for Economic and Business Affairs, Adel Yzquierdo Rodriguez, Cuban Minister of Transportation and Colonel Alfredo Cordero Puig, President of the Cuban Civil Aviation Institute (IACC), Ministry of Transportation  signed the agreement, the U.S. Department of Transportation (DOT) encouraged U.S. air carriers to apply for licensing and authorization to offer flights to Cuba.

While there have been no scheduled flights between the United States and Cuba for over half a century, this agreement grants permission to American and Cuban airlines, cargo and passenger aircrafts, to perform scheduled and charter services between American and Cuban ports for the purposes of international air transportation.

At the outset, countries are able to operate flights to and from the other country (one-way or round-trip flights); combine different flight numbers; make layovers outside of the U.S. or Cuba or within either country, amongst other permissions.

Interestingly enough, […]

Top 10 Changes with Cuba as a Result of MORE NEW Revised OFAC and BIS Regulations

BIS and OFAC AND CUBAAs of January 27th, 2016, both OFAC and the BIS have amended their regulations again, and below details the top 10 changes as a result.  The last update was on September 21, 2015, and can be found here.  While the United States maintains its broad embargo on trade with Cuba, OFAC and BIS have released amendments to the Cuban Assets Control Regulations designed to advance President Obama’s policy to engage and empower the Cuban people.  The new changes, which can be found here and here, expand the scope of authorized business and travel by U.S. person and companies inside of Cuba. These changes were put into place to help facilitate engagement between the U.S. and Cuba.  Click here to read FAQ’s related to Cuba from the OFAC.

Below we’ve providing you with a detailed summary of the top 10 significant changes:

[…]

Update on U.S. Laws Regarding Commerce with Cuba

Join NEI for an insightful conversation about rapidly evolving business opportunities in Cuba, brought to you by yours truly. The Webinar will highlight particular areas of interest, including: a current overview of the current rules and regulations governing transactions with Cuba, learning what travel to Cuba is authorized, what the latest regulations by BIS and OFAC cover, and future opportunities for growth in telecommunication, construction, and finance.
The audience will be provided with the latest exceptions as they relate to business transactions with Cuba. U.S.companies with a desire to learn the new business opportunities as they relate to Cubashould attend.

  • When: Wednesday, December 2nd · 2:30 to 3:30 PM ET
  • Cost: $50 for NCBFAA members / $75 for non-members
  • APPROVED FOR 1 CCS/CES CONTINUING EDUCATION CREDIT
I’m pleased to provide this webinar to NCBFAA and hope you can join. I will be highlighting real business opportunities and examples of U.S. companies taking advantage of the revised OFAC and BIS regulations.
My Bio 
 
Jennifer Diaz is a Board Certified International Attorney who is considered an “expert” in international law by the Florida Bar. She joins an elite group of Board Certified International attorneys in Florida. She leads the Firm’s Customs and International Trade practice assisting clients with issues relating to the import and export of merchandise to and […]

TOP 11 NEW Business Opportunities with Cuba as a Result of NEW OFAC and BIS Laws

In December, 2014, we updated you on the president’s historic announcement in regards to doing business in Cuba, and in January we updated you on both the Office of Foreign Assets Control (“OFAC”) amendments to the Cuban Assets Controls Regulations (“CACR”) and the amendments to the Export Administration Regulations (“EAR”) administered by the United States Department of Commerce. As of September 21, 2015, both OFAC and the BIS have amended their regulations again, and below details the top 11 changes as a result of the new laws.
 
We’ll be discussing these new changes on October 8th, at our Export Compliance Seminar at the Miami Free Zone. Blog subscribers get to take advantage of the discount code! Email me at jdiaz@bplegal.com for it. You can RSVP here. 

The new changes, which can be found hereand here, expand the scope of authorized business and travel by U.S. person and companies inside of Cuba. These changes were put into place to help facilitate engagement between the U.S. and Cuba.

3 Part Compliance Seminar Series You DON’T Want to Miss!

FlyerWe are excited to announce our upcoming 3 part seminar series on Importing, Exporting, and FDA Compliance! Government and private speakers will participate.  
Each seminar will provide resources for new and experienced international trade
professionals including:

[…]

Go to Top