Texas House Bill HCR33

Texas 2017 - 85th Regular

Caption

Urging Congress to consider the removal of trade, financial, and travel restrictions relating to Cuba.

Impact

The proponents of HCR33 argue that lifting the trade embargo against Cuba can open a valuable market for Texas and U.S. businesses. Historical data illustrates that Cuba was previously a major trading partner before restrictions were put in place. The resolution highlights findings from the United States International Trade Commission (USITC), suggesting that eliminating trade restrictions could significantly increase U.S. exports to Cuba, especially in sectors like agriculture, chemicals, and manufactured goods. This revitalization of trade could lead to substantial economic growth and job creation within the state.

Summary

HCR33 is a Concurrent Resolution urging the United States Congress to consider the removal of trade, financial, and travel restrictions related to Cuba. The resolution points out that after decades of diplomatic tension, the normalization of relations began in December 2014, which has paved the way for potential economic advancements that could benefit both Texas and the broader U.S. economy. This resolution serves as a representation of Texas's interest in fostering closer trade ties with Cuba, emphasizing the importance of this relationship given the geographical proximity.

Conclusion

Ultimately, HCR33 aims to formally communicate a desire for Congress to reconsider existing restrictions that impact trade and travel with Cuba. This resolution encapsulates the economic aspirations of Texas while recognizing the broader implications of re-engaging with a neighbor historically ridden with tension and mistrust. As discussions continue around this topic, the success of such a bill would depend on Congressional willingness to navigate both the economic incentives and the geopolitical factors at play.

Contention

While the resolution is framed as an economic opportunity, the call for Congress to act on HCR33 may be met with differing viewpoints regarding U.S. policy towards Cuba. Detractors of such initiatives often express concerns about the implications of engaging with Cuba, citing ongoing political and human rights issues within the country. The resolution’s emphasis on economic benefits could clash with broader considerations of diplomatic relations and the complex history of U.S.-Cuba interactions, which have fostered diverse opinions among lawmakers and the public.