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House OKs Diluted Drug-Price Relief

Congress: Plan to import U.S. medications back into country for sale at discount ends up riddled with potential loopholes but is on track to become law.

October 12, 2000|ALISSA J. RUBIN and JANET HOOK | TIMES STAFF WRITERS

The Cuba embargo provision drew almost as much fire as the drug re-importation proposal. Its supporters hailed it as a landmark change in U.S. policy that could open the door to even wider trade in the future. But critics said it is more symbol than substance because of restrictions added at the insistence of anti-Fidel Castro forces.

The bill would allow food and medicine sales to Cuba, but it would continue the existing ban on imports from Cuba. It would bar U.S. banks and other institutions from extending credit or other financing for Cuba's purchases--restrictions that analysts said would put a huge damper on purchases by cash-short Cuba. However, the compromise would allow banks in other countries to finance such transactions.

Critics of the Cuba compromise, including the Clinton administration, also objected to provisions that would write into law existing rules banning most tourist travel to Cuba. That would make it impossible for Clinton or any other president to relax the travel ban without an act of Congress.

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