Officials on Puerto Rico’s oversight board encouraged Congress on Tuesday to change or repeal the Jones Act, the century-old shipping law designed to protect U.S. maritime interests and shipbuilders.
“Any measures that Congress takes to ensure the cost of shipping fuels to Puerto Rico is reduced is a positive step towards rebuilding the economy,” said Noel Zamot, a revitalization coordinator for Puerto Rico’s financial oversight board who was recently appointed emergency manager of the island’s bankrupt power utility.
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