Political Quotes

“last week the administration took another step in unraveling the web of onerous, misguided, and self-defeating restrictions on the ability of American citizens to travel to Cuba and to interact with the people of Cuba. Effective as of January 27, the Departments of Treasury and Commerce published revised regulations that end certain payment and financing restrictions, allow for more authorized exports to Cuba in a variety of sectors, and expand authorized travel categories and allow additional travel-related transactions. Restrictions on providing access to credit, which have been among the most commonly cited barriers to exporting to Cuba, were removed. Treasury's Office of Foreign Assets Control amended regulations regarding nonagricultural exports, and it is now possible for U.S. banks to provide direct financing for authorized exports to Cuba, as opposed to requiring cash in advance or routing through a third country which had stymied many transactions that could benefit American companies and Cuban consumers.…”