Home US News UK News Australia News Saudi Arbia News United Arab Emirates News Test Series India News List My Startup Chat With PDF Cheap Flights Free Url Shortener Contact Us Advertise More From Zordo

Biden administration eases some economic restrictions on Cuba

3 weeks ago 31

Democracy Dies in Darkness

Private enterprises with no link to the communist government will be granted access to U.S. banks and additional internet services.

Updated May 28, 2024 at 4:45 p.m. EDT|Published May 28, 2024 at 2:54 p.m. EDT

A view of Cuban and American flags this month next to the U.S. Embassy in Havana. (Alexandre Meneghini/Reuters)

The Biden administration amended and clarified a number of existing sanctions against Cuba on Tuesday to allow private entrepreneurs and businesses on the island to open U.S. bank accounts and access online banking as part of its effort “increase support for the Cuban people” while avoiding any assistance to the government.

Read Entire Article