04:57 GMT02 December 2020
Listen Live
    Get short URL
    0 75

    The United States has allowed its citizens to establish offices, shops and warehouses in Cuba as part of the softening restrictions on the country, the US Treasury announced in a release on Friday.

    WASHINGTON (Sputnik) — The United States and Cuba officially re-established full diplomatic relations on July 20 by reopening embassies in the countries’ capitals after 54 years of hostility.

    The warming of relations came after US President Barack Obama announced in December 2014 that his administration would pursue a path toward normalizing relations with Cuba.

    “Persons subject to US jurisdiction engaging in the following categories of authorized activities will be allowed to establish and maintain a physical presence, such as an office, retail outlet, or granary, in Cuba,” the release said.

    “Banking institutions will be able to open and maintain accounts for Cuban individuals for use while the Cuban national is located outside of Cuba, and to close such accounts.”

    Washington has also authorized travel between the United States and Cuba by ship without stops in third countries valid for authorized travelers.

    “Transportation by vessel of authorized travelers – between the United States and Cuba only and without stops in third countries – will be authorized by general license. Certain related lodging services aboard vessels used for such travel will also be authorized,” the agencies statement read.

    The United States has authorized launching joint project with Cuban entities to provide certain telecommunications and internet services in the country as part of embargo ease.

    The new revision of the economic embargo regulations is set to come into effect on September 21.


    US and Cuba to Restore Direct Postal Service, Commercial Flights
    Obama Receives Cuban Ambassador's Credentials
    US Detains Cuban Migrants After They Float to Miami Beach
    business, travel, Cuba, US
    Community standardsDiscussion