The Jones Act (Senator Wesley Jones), or the Merchant Marine Act of 1920, was signed into law by President Woodrow Wilson with the intent of having a ready and able merchant marine that could be ready to enter and back up the military in the event of a military conflict. This purpose is still sustained […]
The Puerto Rico Economists Association urged the implementation of at least five measures at the federal level that they consider essential to successfully overcome the island’s current economic crisis and spur economic growth in the long term.
The Senate agreed today to ask the U.S. Congress to pass a law that grants a partial exemption to Puerto Rico on compliance with Jones Act (cabotage) laws to allow the use of large maritime vessels built outside the United States.
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