OFAC FAQ (Current) FAQ # 770 - Cuba-related: Trade/Business (PDF contains all versions)

Date issued: May. 28 2024

Last substantive commentary amendment:
May. 30 2024

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TURBOFAC Commentary (134 words)

Notes:

Further information at:

1) The State Department's Section 515.582 List;

2) FACT SHEET: U.S. Department of State Section 515.582 List;

3) CBP Public Notice on Process for Imports from Cuba (https://www.cbp.gov/trade/basic-import-export/cbp-public-notice-process-imports-cuba).

See also 515.582 and comment thereto for consolidated notes on the provision.

4) On 6-8-22, OFAC amended the FAQ to specify that "[i]mports authorized by § 515.582 are not subject to the limitations set forth in § 515.560(c) or § 515.544, including the $100 limitation on imported merchandise from Cuba or Cuban-origin merchandise from a third country intended as gifts."

5) On 5-28-24, FAQ amended to make conforming edits accounting for the 5-28-24 changes to 515.340 (“independent private sector entrepreneurs”) and 515.582. See comments to those provisions.