Cubans allowed greater access to US financial institutions and people-to-people educational travel by individuals permitted Americans will now be allowed to travel to Cuba as individuals, and Cubans will have more access to US banks, thanks to changes announced by the US Treasury and Commerce departments on Tuesday, days ahead of Barack Obamas trip to the island nation. last months agreement between Cuba and the US to allow up to 20 scheduled flights a day between the countries. Flights are expected to begin later this year. Under the newly amended sanctions regulations, Americans can also purchase and consume Cuban-origin alcohol and tobacco while abroad. And changes to banking rules will make it easier for Cubans to buy and sell goods internationally, as banks outside the US will now be able to process transactions that go through the US. Cubans who live temporarily in the US will also be able to open US bank accounts and work and earn money there. But the changes still fall short of ending the embargo, which has been in place since October 1960. It cannot be lifted without congressional approval. Rhodes emphasized that the Obama administration wants the embargo lifted. We believe that the best way to support a better life for the Cuban people would be through lifting the embargo and the travel ban that have not succeeded in bringing change to the lives of the Cuban people, and improving their livelihoods, he said. The White House and Cubas government announced an easing in relations
1/1 Powered by TCPDF (www.tcpdf.org)