Value of exports is far less than that in roughly 2950 million. U. S. Exporters see a tremendous market in cuba by the authorizations they seek from us though currently they only export a small fraction of that. Those exports go through the cuban import agency. So thrs no changes in our regulations on exports to cuba because thats limitted by the trade sanctions. Thank you, mr. Chairman. Mr. Chairman thank you for your statement. Our next witness, johnny smith acting director, office of foreign assets control, the department of treasury. Mr. Smith serves as acting director of the department of Treasury Department of foreign assets. Control or opac is mr. Smiths acronym for which he works which is tasked with administrating economic trade sanctions to advance u. S. National security and Foreign Policy goals. Prior to joining opac he served as expert to the United Nations taliban and sanctions committee. As a Trial Attorney at the u. S. Department of justice. Welcome to your new job. Tha
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