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Presidential Memorandum Extends Provisions of Trading With Enemy Act for Cuba

President Barack Obama again decided to continue certain authorities under the Trading With the Enemy Act for one year with respect to Cuba. He issued a presidential memorandum saying the action is in the national interest of the U.S. As…

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a result, the President is continuing until Sept. 14, 2013, the exercise of those authorities with respect to Cuba as implemented by the Cuban Assets Control Regulations, 31 CFR Part 515. He issued a similar memorandum last year (see ITT's Online Archives 11091409.