U.S. Rice Producers Report 50 Percent Decrease in Shipments to Cuba
A USA Rice Federation membership delegation comprised of producers, millers and association staff is currently in Cuba. The 17-member delegation will be in Cuba until Saturday and is visiting in response to a personal invitation from Pedro Alvarez, the chairman and CEO of ALIMPORT, Cuba's food import agency. The USA Rice Federation claims that U.S. rice exports to Cuba have decreased 50% in 2005 as a result of the cash-in-advance "clarification" that was issued by OFAC in February 2005 and modified in July.
Labels: OFAC