Since 2001, the U.S. has exported chicken meat to Cuba because of an exemption in the trade embargo that permits the sale of agricultural products. Cuba is already our fifth-largest export market for chicken, but if the trade embargo is lifted, we could export more — and that could be very good for Georgia.
According to the head of the University of Georgia Poultry Science Department, Georgia produces more poultry than any other state: approximately 1.4 billion meat chickens each year. The state’s 2014 poultry export to Cuba was worth $8.6 million.
A few Georgia officials have been investigating potential business opportunities with Cuba if the trade embargo is lifted. Georgia Senator David Lucas accompanied a delegation to Cuba in the fall to study the matter. In June, Atlanta Mayor Kasim Reed visited Cuba in an effort to position Atlanta as a “business gateway to Cuba.”
If the trade embargo is lifted, the poultry industry and other businesses in Georgia will need to be prepared to engage in trade with Cuba. One crucial element they will need is representation from attorneys who are experienced with international business law.
International business needs mirror domestic business needs in some respects. A business may need help drafting or negotiating employment agreements and other types of contracts. Disputes over issues such as intellectual property, shipping, breach of contract and fraud may arise. Resolving these matters when the laws of two or more countries are involved, however, requires a unique set of knowledge and skills.
Our law firm has considerable experience with international business law, including dispute resolution and litigation. If your business has international concerns or is considering expanding into foreign markets, discussing the matter with an international business law attorney will help to guide your decisions.
Source: http://news.wabe.org, “Better Relations With Cuba Could Boost Ga. Poultry,” Elly Yu, Dec. 23, 2015