Business with Cuba – What’s Legal and What’s Not?

President Obama announced that the U.S. will lay out “a new course in our relations with Cuba.” This could mean new changes for very specific sectors at first – travel, financial services, telecom/communications, and companies that make and sell building materials and agricultural equipment. The current Sanctions in place will be eased for those engaged in trade and commerce. Does this mean that Cuban cigars will be readily available for U.S. consumers? No. The specific details of how this will occur are not in place yet, however they should be in the coming weeks. This does not mean the Sanctions imposed by the Cuban Assets Control Regulations issued in 1963 will end (that would take Congressional approval), they will just be eased in the following ways. Read on for the full details. […]

By |2021-11-09T14:54:30-05:00December 17, 2014|Export, Import, International Travel, U.S. Customs and Border Protection (CBP), U.S. Office of Foreign Assets Control (OFAC)|Comments Off on Business with Cuba – What’s Legal and What’s Not?
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