385. 12/10/1986

“10.12.86…The Department of Commerce issued the ‘Parts and Components Rule’, CFR 376.12. This new regulation allowed foreign subsidiaries and companies to export goods to Cuba without requiring a license, if the goods contain under 10% American-origin components and are priced under US$ 10,000. According to Mindell de la Torre, Department of Commerce Legal Advisor, the new regulation was implemented because ‘extraterritorial restrictions on exports to Cuba were so tight that it was ridiculous and irritated our allies.’” [Con Embargo]

“Ronald W. Reagan (R). Timeline,” Cuba versus Blockade: Cuban People’s website, 2007

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