United States to Ease Cuba Sanctions

17 December 2014
View Client Update

Key takeaways:

  • The United States and Cuba are taking steps to normalize diplomatic relations.
  • The United States has announced that it will ease certain aspects of its embargo of Cuba, including those involving financial services, exports, travel and remittances.
  • The changes to the embargo will not take effect until the U.S. Treasury and Commerce Departments issue amendments to their regulations.