U.S. eases Cuban restrictions
The U.S. Treasury announced it has changed its regulations to lift restrictions on the ability of Cuban Americans to visit relatives in Cuba and send them money.
A Treasury Department statement on Thursday said the Office of Foreign Assets Control amended the Cuban Assets Control Regulations to implement President Barack Obama's April 13 initiative.
The change was made to "reach out to the Cuban people in support of their desire to freely determine their country's future, promote greater contact between separated family members in the United States and Cuba, and increase the flow of remittances and information to the Cuban people," the statement said.
Obama's move was considered a significant shift in a U.S. policy that had remained largely unchanged for nearly half a century.
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A Treasury Department statement on Thursday said the Office of Foreign Assets Control amended the Cuban Assets Control Regulations to implement President Barack Obama's April 13 initiative.
The change was made to "reach out to the Cuban people in support of their desire to freely determine their country's future, promote greater contact between separated family members in the United States and Cuba, and increase the flow of remittances and information to the Cuban people," the statement said.
Obama's move was considered a significant shift in a U.S. policy that had remained largely unchanged for nearly half a century.