January 26, 2016

TRADE, THE WoT & GOLF...:

Obama Administration Opens Doors to Trade with Cuba (Rob Garver, January 26, 2016, Fiscal Times)

The rapidly improving relationship between the United States and Cuba will take a giant step on Wednesday, with the publication of new rules from the Treasury Department and the Commerce Department meant to increase the flow of goods and services between the two countries, facilitate air travel, and loosen restrictions on U.S. financial institutions that want to provide credit and other services related to trade with Cuba.

"Today's amendments to the Cuban Assets Control Regulations build on successive actions over the last year and send a clear message to the world: the United States is committed to empowering and enabling economic advancements for the Cuban people," Treasury Secretary Jack Lew said in a prepared statement. "We have been working to enable the free flow of information between Cubans and Americans and will continue to take the steps necessary to help the Cuban people achieve the political and economic freedom that they deserve."

Posted by at January 26, 2016 3:20 PM

  

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