#CubaNow Statement On Obama Administration's New Cuba Regulations
#CubaNow Press Release
Sep 18, 2015
MIAMI- #CubaNow Executive Director Ric Herrero issued the following statement today following the news that the Obama Administration is going to further loosen restrictions on travel, commerce, investment, and telecommunications toward Cuba:
"This latest set of regulatory changes represents another momentous step by the Obama Administration to support the Cuban people through greater engagement with the American private sector. The new regulations build on the foundation established on December 17th, 2014 by further expanding the free flow of information to and within Cuba, and facilitating greater independent economic activity already generated by Cuba's private sector.
"Since that historic date, this Administration has proven time and again its dedication to building a brighter future for the Cuban people and between our nations. We continue to wait on both the Cuban government and U.S. Congress to show the same resolve. While we greatly appreciate the steps taken by the Cuban government to restore relations with the United States, we urge Cuban leaders to lift restrictions prohibiting their citizens from fully benefiting from the expanded access to U.S. goods, services and know-how that is now within their reach. At the same time, we ask the U.S. Congress to put partisanship aside, dismantle what is left of the failed embargo, and firmly commit itself to advancing the interests of the American and Cuban peoples."
See a full summary of the new regulations announced today by the Treasury and Commerce Departments HERE.