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Obama enshrines Cuba normalisation as official US policy

AFP  |  Washington 

US President today announced a directive formalising a policy of normalisation with Cuba and unveiling a new round of loosened trade and travel rules.

In a statement, Obama said the directive lays out an official framework for continuing normalization aimed at making it "irreversible."

"This new directive consolidates and builds upon the changes we've already made, promotes transparency by being clear about our policy and intentions, and encourages further engagement between our countries and our people," Obama said.

The move makes normalization now federal policy even though has not lifted the fifty-year-old US trade embargo on Cuba, according to senior administration officials who spoke to reporters in a conference call.

The two countries announced the start of normalisation in 2014.

The changes could be reversed when a new administration takes office, they said, speaking on grounds of anonymity, but presidential directives generally remain in effect until further notice.

Treasury Secretary Jacob Lew said in a statement that the changes sought to break down economic barriers, allowing more personal contact among Cubans and Americans and private sector growth.

"These steps have the potential to accelerate constructive change and unlock greater economic opportunity for Cubans and Americans," Lew said.

The US Treasury and Commerce Departments today announced regulatory changes due to take effect on Monday which would allow joint medical research and funding, civil aviation and safety services, payments for travel by foreign nationals to and from Cuba, and some online sales to Cubans.

Foreign vessels will no longer be prohibited from loading or unloading cargo in US ports for 180 days after calling on a Cuban port. And air cargo will now also be allowed to transit Cuba in addition to cargo carried by sea.

Foreign travelers will now also be permitted to import Cuban liquor and tobacco in their luggage for personal use.

"More commercial activity between the US and Cuba benefits our people and our economies," Commerce Secretary Penny Pritzker said in a statement.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 14 2016. 21:42 IST