As noted in our March 24, 2016 client alert discussing possible opportunities under Cuba’s 2030 renewable energy plan (and published by Windpower Engineering & Development’s website here), new rules by the U.S. Commerce Department’s Bureau of Industry & Security (BIS) and the U.S. Department of Treasury Office of Foreign Assets Control (OFAC) permit U.S. companies to travel to Cuba without a license to perform market research, conduct marketing efforts and perform preliminary contract negotiations.
Now, scheduled flights to Cuba resume after more than 50 years, allowing interested U.S. businesses to begin networking and establishing relationships in Cuba while they wait for the licensing program and portfolio projects to take shape.
Continue Reading Renewable Development Eased by Lifting of Cuba Flight Ban