Free Trade With Cuba Act
Last action on Feb 27, 2001Read twice and referred to the Committee on Finance.
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Summary
Free Trade With Cuba Act - Amends the Foreign Assistance Act of 1961 (including other specified laws) to repeal the embargo placed upon all trade with Cuba.
Amends the Internal Revenue Code to declare the denial of foreign tax credit inapplicable to Cuba.
Permits: (1) installation and maintenance of telecommunications equipment and facilities in Cuba, including telecommunications services between the United States and Cuba; and (2) travel to and from Cuba by U.S. citizens or residents.
Requires the U.S. Postal Service to provide direct mail service to and from Cuba.
Urges the President to take all necessary steps to conduct negotiations with the Government of Cuba to: (1) settle claims of U.S. nationals against Cuba for the taking of property; and (2) secure protection of internationally recognized human rights.
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