Louisiana House Bill HCR37

Louisiana 2016 Regular Session

• Introduced: 3/30/16
• Engrossed: 3/30/16
• Refer: 3/31/16
• Report Pass: 5/17/16
• Passed: 5/25/16

Caption

Provides relative to the promotion of trade relations between Louisiana and Cuba

Impact

If enacted, HCR37 will mandate the Department of Economic Development to assess and capitalize on the economic potential offered by a strengthened trade relationship with Cuba. The resolution highlights Louisiana's proximity to Cuba, noting that its ports could serve as critical logistical footholds in establishing and enhancing trade channels. Improved trade relations may lead to increased economic activity, benefiting citizens through potential job creation and enhanced business opportunities.

Summary

House Concurrent Resolution 37 (HCR37) urges the Louisiana Department of Economic Development to enhance and improve trade relations with Cuba. The resolution acknowledges the changing commercial landscape due to globalization and encourages the exploration of international economic opportunities, particularly those that can benefit Louisiana. It emphasizes the state's historical trade relationship with Cuba and proposes a study to analyze opportunities that can position Louisiana as a leading trade partner in the region.

Sentiment

The sentiment surrounding HCR37 appears generally positive, particularly among those who advocate for increased trade and economic diversification. Supporters of the resolution argue that fostering trade with Cuba is essential for Louisiana to tap into emerging markets. However, there may also be concerns about the implications of such a trade partnership, including public and political viewpoints on historical and social factors related to U.S.-Cuba relations.

Contention

While HCR37 presents a unified approach towards improving trade relations, it may lead to debates regarding the appropriateness of engaging with Cuba given its historical political context. There could be opposition from various constituencies who may view increased trade with Cuba skeptically, perturbed by the complexities of foreign relations and potential economic dependencies. Thus, while the bill proposes beneficial economic avenues, the broader implications of such trade agreements could foster contention among different stakeholders.