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April 17, 2019

CET Statement on President Trump's Cuba Policy Changes

MIAMI, FL -- Today the Trump Administration announced new measures to restrict travel to and trade with Cuba in an effort to reinforce a policy that has failed miserably for 60 years to accomplish anything positive in Cuba. He also took a shot at Cuban families putting limits on the amount of money Cuban-Americans can send to support their Cuban family members. A businessman that has explored opportunities to invest in Cuba and sent his company representatives to open channels to start businesses, the President is surrounded by advisors stuck in the past and overcome by ideology and misguided intentions.

“It is sad to see the Cuban and American people suffer because the President has outsourced his policy to South Florida lawmakers,” said Collin Laverty, President of Cuba Educational Travel. “These changes will set back US interests on the island for years and harm US businesses, US travelers and millions of families living on the island.”

National Security Advisor John Bolton announced that the US will limit non-family travel, place limits on remittances to $1000 per quarter, end U-turn transactions and fully implement Title III. Changes made by the Obama Administration helped the growing private sector on the island, led to improvements in connectivity in Cuba and brought families together through travel, an upgraded remittance policy and a focus on reconciliation. The new changes will have the opposite effect, slowing down growth of entrepreneurs, complicating business deals and taking money out of the pockets of Cubans and Americans doing business there.

“It is a sad day for Cuba and a sad day for America. The only winners here are a handful of members of Congress and those stuck in the past that support them,” added Laverty. “The losers are millions of Cubans on and off the island and the overwhelming majority of Americans that support engagement with Cuba. The hypocrisy and counterproductive nature of the approach is disturbing.”  

"Travel to Cuba and engaging culturally and economically remains the best way to support the Cuban people -- it's time for the US to get out of the way to allow the Cuban people to determine their own future." 


Collin Laverty