US eases Cuba embargo by loosening trade, travel restrictions

ALJAZEERA: …Only Congress can end the five-decade embargo. But the measures give permission for U.S. residents to use credit cards in Cuba and U.S. companies to export telephone, computer and Internet technologies. Investments in some small business are permitted. General tourist travel is still prohibited, but Americans authorized to visit Cuba need no longer apply for special licenses…

The sudden rapprochement between Cold War foes has divided U.S. lawmakers across party lines and interests. Among Republicans and Democrats in Congress, Cuban-Americans such as Sens. Marco Rubio of Florida and Bob Menendez of New Jersey have been particularly vocal in opposition.

But some pro-business types have welcomed the opportunity to open up a new export market in a country so close to U.S. shores. The head of the U.S. Chamber of Commerce, for example, said Wednesday it was better for the U.S. to sell computers, smartphones and cars to Cuba than to cede such business to countries like Russia and China. Still, the embargo as a whole appears unlikely to fall anytime soon… (more)

Share