© 2024 WOSU Public Media
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Cleveland Port Authority Signs Trade Agreement With Cuba

Jade Davis, with the port, says the memorandum could lead to great economic opportunities for Cleveland and Northeast Ohio.

Cleveland’s Port Authority has taken the first step to boost trade with Cuba. The authority signed a non-binding memorandum with Cuban officials during a visit to the island earlier this month.

Jade Davis with the Port of Cleveland says the agreement could lead to economic opportunities for Northeast Ohio.

“Policy changes from year to year. So if those relations develop into normal trade relations, we definitely want to be one of the first regions and ports in which we can get products to and from, and also exploit the growth we know will happen there in that nation,” Davis said.

Great Lakes Cheese and Rust-Oleum, both based in Northeast Ohio, joined the port officials on its visit to Cuba.

Currently, businesses must get a license to trade with Cuba, and President Trump is threatening further restrictions.

Mitch Felan is a news intern for WKSU. He is a multimedia journalist with experience in print, television, radio and visual journalism. Felan is a junior at Kent State University, working towards a Bachelor's Degree in Multimedia Journalism. During the school year, Felan works for Kent State Student Media in TV2, The Kent Stater, and KentWired. He will be serving as the Digital Director for Kent State University's Student Media Newsroom in the Fall.