TSRA Offers Unexpected Opportunities for Trade with Cuba, Iran and Sudan
February 4, 2009
Eight years after its enactment, some U.S. exporters still may not
realize the broad range of agricultural commodities authorized for
export under the Trade Sanctions Reform Act (TSRA). Under TSRA, U.S.
agricultural commodities are exempt from unilateral economic sanctions
imposed by the United States against countries such as Iran, Cuba and
Sudan. The term "agricultural commodities" covers much more than just
food, and includes products such as wooden picture frames, cigarettes,
wallpaper base, organic and non-organic fertilizers, lumber, paper,
dietary supplements, pet food and many others. U.S. companies exporting
products substantially derived from plant or animal sources should
consider revisiting TSRA to ensure that they are not missing an
opportunity to expand their overseas markets.