In keeping with the Obama Administration’s efforts to normalize relations with Cuba, the U.S. government is making further amendments to CACR and EAR. While the overall embargo is still in place, these amendments will lessen the degree of various restrictions. The effects will be seen in areas including travel, telecommunications and internet-based services, commercial and financial transactions, physical presence and operations, support for the Cuban people, and remittances. The amendments are being put into effect today, September 21, 2015.
For more information on this topic, please click here.