Minnesota Reaches Out to Cuba

With the lifting of certain travel and trade restrictions to Cuba earlier this year, many of Minnesota’s agricultural producers see potential for an expansion into that market. Legislation has been introduced in the House and Senate that would provide funds to the Commissioner of Agriculture to establish contacts and business connections in Cuba and to gain a better understanding of how these new business opportunities will align with new federal trading regulations. The bill was heard in the Senate Environment, Economic Development, and Agriculture Division this week.

The bill calls for $50,000 in FY2016 and $50,000 in FY2017 that would pay for trade missions to Cuba and help the Department of Agriculture share information with state agriculture producers on how best to begin a trading relationship with Cuba. The legislation would help Minnesota be in the best position possible once the Cuban market opens completely. The bill was laid over for possible inclusion in the Omnibus Finance bill. (S.F. 733)

Senate DFL Media