Washington, DC- The Cuba Study Group today released the following statement on news that President Obama has once again exercised his executive authority to further increase support for the Cuban people and further expand opportunities for the country’s growing entrepreneurial sector:

“We commend President Obama on taking further steps to facilitate the free flow of resources, information and people to Cuba. Previous executive actions expending travel and remittances have helped fuel the expansion of Cuba’s nascent private sector. Additional actions taken since December 2014 have built on this success by further expanding allowable transactions by Cuban entrepreneurs including allowing them to export their products and services from Cuba and to import necessary goods from the U.S. Today’s announcement further expands their ability to leverage the interest, resources and knowledge of the U.S. private sector to start and expand their businesses. 

In the absence of action by the U.S. Congress to do away with a half-century old embargo that has only served to further isolate the Cuban people, President Obama’s leadership through executive action has offered solidarity and support to the Cuban people, who have been the real victims of the failed policy of isolation. We take this opportunity to reiterate our call on Members of Congress to put the interests of the U.S. and the Cuban people ahead of outdated politics and move swiftly to do away with sanctions that far from providing the U.S. with leverage to bring about change, actually makes change in Cuba more difficult. 

Under the new regulations announced today, Cuban entrepreneurs will benefit from the elimination of the cap on non-family remittances, an expansion in the number of U.S. persons authorized to travel under general license, increased access to telecommunications services including software and consumer electronics, new opportunities to export mobile applications to the U.S., increased access to U.S. banking services and reliable U.S. parcel and shipping transmission services, and other important measures.

We are pleased that many of the recommendations offered by the Cuba Study Group in its recent publications have been adopted by regulators and believe they will have an important impact on the success of Cuban entrepreneurs. However, there is still more that President Obama can do to support Cuba’s private sector by further facilitating travel and access to many of the services and inputs that Cuban entrepreneurs need to grow and succeed.”

A summary of the new regulations announced today can be found at: http://www.treasury.gov/press-center/press-releases/Pages/jl0169.aspx



Recent Articles

Date Title
9/27/15 Airlines expect high demand for new routes between U.S. and Cuba
Hugo Martin, L.A. Times
9/27/15 Different Cuba greeted Miami pilgrims
Franklyne Casale, The Miami Herald
9/26/15 Chamber of Commerce Starts Group to Boost Cuba Business Opportunities
AP
9/26/15 I choose to help rebuild my old Cuba
Mike Fernandez, The Miami Herald
9/25/15 SC Line adds shipping service from Port Everglades to Cuba
Bloomberg Business
9/24/15 New U.S.-Cuba relationship frequent theme during pope’s visit
Mimi Whitefield, The Miami Herald
9/24/15 Cuba's 35 New Wi-Fi Spots Leaves Young Generation Wanting For More
Guneet Bhatia, International Business Times
9/22/15 Cost and Benefits From a Possible Return of Cuba to the IMF and to the World Bank. Is it Worth Exploring? Files
From the Island, Cuba Study Group
9/21/15 Francis travels to Holguín, a Cuban city that has never seen a pope
Patricia Mezzei, The Miami Herald
9/21/15 US reportedly may abstain from UN vote condemning Cuba embargo
AP
9/21/15 Pope Lures Exiles Back to Cuba, Where a Lifetime Ago Is Yesterday
Lizzette Alvarez, The New York Times
9/21/15 For separated Cuban families, pope's message on ideology and reconciliation hits home
Christine Armario, AP
9/21/15 On Francis’ last, full day in Cuba, a message of change
Patricia Mazzei and Daniel Chang, The Miami Herald
9/19/15 What Cuba’s new wave of entrepreneurs need to know
Russell Walker and Kyle Bell, Fortune
9/19/15 Obama y Raúl Castro hablan en vísperas de la visita del papa Francisco
Silvia Ayuso, El Pais
9/19/15 Pope Francis arrives in Cuba; praises normalization with U.S.
The Miami Herald
9/18/15 Pope Francis is bringing a wish list to Cuba, but he may be disappointed
Nick Miroff, The Washington Post
9/18/15 Current Record
9/18/15 Verizon is going to start offering cellphone roaming in Cuba
Reuters
9/18/15 U.S. Is Set to Allow More Business Activity in Cuba
Felicia Schwartz, The Wall Street Journal
9/18/15 Cuba announces new ambassador to US
BBC News
9/18/15 Pope Faces a Challenge in Opening Cuba to the Church
Jim Yardley, Azam Ahmed and Victorial Burnett, The New York Times
9/18/15 Cuban dissidents not expecting miracles from pope visit
AFP
9/17/15 Pope's visit to Cuba: Francis and Raul Castro – the odd couple
Nick Squires, The Telegraph
9/16/15 Obama urges U.S. businessmen to exert pressure for lifting Cuba embargo
EFE
9/16/15 What Happens When Cuba Devalues Its Peso?
Jose Gabilondo, The Huffington Post
9/16/15 Pope to discuss Cuba embargo on trip but not dwell on issue
Reuters
9/16/15 Black Cuba Declares, ‘Obama Brought Us Internet!’
Aisha M. Beliso-De Jesus, PH.D., The Root
9/16/15 Pope to use mostly Spanish in U.S., Fidel meeting likely in Cuba
Reuters
9/16/15 Cuba's Raul Castro To Address UN In New York
Reuters
9/16/15 Cuba seeks U.N. vote to end U.S. embargo; pope and Obama may help
Daniel Trotta, Reuters
9/15/15 As pope set to visit, Church has boosted social work in Cuba
AP
9/13/15 For Cuba’s Jews, a rekindling of faith on the island
Mimi Whitefield, The Miami Herald
9/11/15 Cuba pardons 3,522 prisoners ahead of Pope Francis visit
AFP
9/11/15 U.S. and Cuban delegations to meet in Havana
Mimi Whitefield, The Miami Herald
9/11/15 Cuba's government pardons 3,522 prisoners ahead of Pope Francis visit
AFP
9/11/15 For Pope Francis, an unfinished mission in Cuba
Nick Miroff, The Washington Post
9/10/15 Pope Said to Seek Meeting With Ailing Fidel Castro on Cuba Trip
John Follain, Bloomberg
9/10/15 EU-Cuba talks turn to delicate issues
AFP
9/10/15 More Cuban migrants heading to US shores: coast guard
AFP
9/8/15 Donald Trump says it’s ‘fine’ for U.S. to pursue closer Cuba ties
Patricia Mazzei, The Miami Herald
9/7/15 Cuba's atheist Castro brothers open doors to Church and popes
Marc Frank, Reuters
9/3/15 A new-style Cuban cooperative hopes road to success is paved with spices
Mimi Whitefield, The Miami Herald
9/3/15 Cuba on course for best tourism year in a decade
English.news.cn
9/3/15 Cuban bank to offer business loans
News.com.au
9/2/15 After 24 years, a return to Cuba for a historic moment
Marifeli Perez-Stable, The Miami Herald
9/2/15 Now That Diplomats Can Freely Travel in Cuba, It's Time to Free the American People Too
James Williams, The Huffington Post
9/2/15 Teaching English in schools will be priority in Cuba amid closer ties with US
AFP