Politics, Business & Culture in the Americas

U.S. Department of the Treasury Issues New Regulations on Cuba

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The Office of Foreign Assets Control at the United States Department of the Treasury released new regulations on Thursday related to U.S. economic sanctions on Cuba. The new regulations are designed to reflect the directives contained in a memo released by the White House in April.

According the department’s website, today’s amendments change the Cuba sanctions regime in three major areas: family visits, family remittances, and telecommunications. News reports indicate that the changes have virtually eliminated restrictions on Cuban-Americans’ travel to Cuba to visit “close relatives” and to send money to family members on the island. Regarding telecommunications, the regulations appear to permit a variety of new activities ranging from the construction of a fiber-optic cable between the U.S. and Cuba to roaming agreements between U.S. mobile communications providers and their Cuban counterparts.

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