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The United States rolled out a sweeping set of measures on Thursday to ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities, Voice of America reports.
Defying hardline critics in Congress, President Barack Obama made good on a commitment he made a month ago to begin loosening some US economic sanctions against the communist-ruled island as part of an effort to end decades of hostility.
The Treasury and Commerce Departments issued a package of new rules that will allow US exports of telecommunications, agricultural and construction equipment, permit expanded travel to Cuba and authorise some kinds of banking relations.
Source: US moves to ease Cuba embargo - eReporter
Defying hardline critics in Congress, President Barack Obama made good on a commitment he made a month ago to begin loosening some US economic sanctions against the communist-ruled island as part of an effort to end decades of hostility.
The Treasury and Commerce Departments issued a package of new rules that will allow US exports of telecommunications, agricultural and construction equipment, permit expanded travel to Cuba and authorise some kinds of banking relations.
Source: US moves to ease Cuba embargo - eReporter
