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Article

17 Jun 2015

Author:
Nora Gámez Torres, Miami Herald

US: Cargill, Procter & Gamble and Caterpillar join coalition lobbying to lift sanctions against Cuba

“Major U.S. companies support new group that will lobby to lift sanctions against Cuba”

Major U.S. companies like Cargill, Procter & Gamble and Caterpillar have thrown their support behind Engage Cuba, a bipartisan coalition that formally began operating out of the nation’s capital on Tuesday and will focus on lobbying Congress to lift restrictions on travel and trade with Cuba. "This is an opportunity to position ourselves in this unique moment in history,” said James Williams, president. “We feel that the wind is in our favor and we are very excited." Engage Cuba, which began organizing itself in April, has taken on heavy-hitting issues such as helping negotiate an agreement between the Florida-based Stonegate Bank and the Cuban Interests Section in Washington to resume bank transactions from the diplomatic mission. Banks had shied away from handling Cuba-related services due to tedious and expensive requirements as a result of the embargo...