Relaxed Trade Toward Cuba – Effective January 16, 2015
The recently revised regulations implementing recent changes in U.S. trade and other policies toward Cuba became effective on January 16th. However, these changes do not lift the U.S. economic embargo against Cuba but do allow additional trade-related activities.
The revisions to the Cuban Embargo include:
- Travel
- Travel services
- Remittances
- Credit and debit cards, per diem, and importation of certain goods and services
- Certain micro-financing, business, and commercial import activities
- Certain financial transactions
- Regulatory interpretation of “cash in advance”
- Telecommunications
- and more
To read FAQ’s or Cuban Assets Control Regulations in the Federal Register
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