At the request of The White House, the United States Department of State is expected to submit a letter to the United States Congress by Monday, 4 March 2019, with its decision relating to the implementation of Title III of the Cuban Liberty and Democratic Solidarity Act of 1996 (known as “Libertad Act”).
On 17/18 March 2019, the Trump Administration is planning to permit Title III and further implement Title IV of the Libertad Act.
Title III authorizes lawsuits in United States District Courts against companies and individuals who are using a certified claim where the owner of the certified claim has not received compensation from the Republic of Cuba or from a third-party who is using the asset.
Title IV restricts entry into the United States by individuals who have connectivity to unresolved certified claims. One company is currently subject to this provision.
U.S. - Cuba Trade and Economic Council, Inc.
Established in 1994, the U.S.-Cuba Trade and Economic Council provides an efficient and sustainable educational structure in which the United States business community may access accurate, consistent, and timely information and analysis on matters and issues of interest regarding United States-Republic of Cuba commercial, economic, and political relations.