The long period or US embargo in trade in goods and services, with Cuba since the Castro regime seized power in the late 1950s, seems set to be reversed, according to a report earlier today.
According to Bloomberg news U.S. will begin to normalize relations in a surprising move by the Obama administration that will loosen a trade and travel embargo that is among the last remnants of Cold War policy. The action means not simply the opening of a U.S. embassy in Havana but the lifting of restrictions that have limited commerce and kept aficionados from legally bringing Cuban cigars to U.S. soil.
The change in the US attitude could have far reaching implications for Jamaica and the rest of the region specifically, as it affect tourism trade.
US to normalise Cuban relations
December 17, 2014 by