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Weekly Report - 28 January 2016 (WR-16-04)
CUBA: Opening up the trade route
The US government has announced new amendments to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR), aimed at expanding travel, trade and US engagement with Cuba. Under the changes, US companies will be able to sell to Cuba on credit and export certain products to the Cuban government for the first time in over 50 years. The changes took immediate effect as of 27 January.
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