News
business politics
Posted: Dec 21, 2014 7:08 AMUpdated: Dec 21, 2014 7:08 AM
Kansas Wheat Exports
U.S. Senator Jerry Moran urges the Treasury Department to immediately rewrite cumbersome regulations that have made it difficult to sell wheat and other agricultural commodities to Cuba.
He says this is an issue for Kansas because wheat is Cuba's second largest import behind oil and Kansas is the largest wheat-producing state.
The Republican said Friday the agency can take that step even before Congress grapples with whether to lift the U.S. trade embargo.
Agricultural commodities are among the few exceptions to the embargo. Moran says the administration of George W. Bush instituted costly rules such as requiring up-front cash payments before commodities leave U.S. ports. It also required the payments go through banks in other countries.
Moran also vows to work in Congress to entirely lift the embargo.
« Back to News