Home / All News / Caribbean / Cuba establishes banking ties in US ahead of talks

Cuba establishes banking ties in US ahead of talks

By BBC

 Share This On:

The move is the latest in a series of measures to improve relations

BBC – Cuban diplomats will now have access to banking services in the US, clearing a major hurdle to restore diplomatic ties between the two counties.

The US State Department declined to the name the bank, but a senior official expressed optimism ahead of Thursday’s talks between the US and Cuba.

This week’s talks in Washington could be the last round of negotiations before embassies are re-opened.

The US will remove Cuba from its list of sponsors of terrorism on 29 May.

US President Barack Obama announced the historic US thaw with Cuba in December but the US trade embargo against the country remains, and may only be ended by Congress.

Earlier this month, plans were announced to resume ferry services between Florida and Cuba. Charter flights between New York and Havana are also planned.

Despite the new transport links, a Cuba travel ban is still in place for US citizens.

(0)(0)

St. Lucia News Online firmly discourages any commentary or statements that are libelous, disruptive in nature or incites others to violate our Terms of Use. Any submissions made on our comment section, are solely the views of the individual and not from St. Lucia News Online.

3 comments

  1. I am sure the opening of Cuba and re-establishing ties with the USA will impact the other Caribbean greatly. There is a need to to put measures in place to better deal with the effect.Undoubtedly, most tourist destinations will be affected the most.

    (0)(0)

  2. awesome!

    (0)(0)

  3. Great job POTUS

    (0)(0)

Copyright 2020 St. Lucia News Online. All Rights Reserved. This material may not be published, broadcast, rewritten or distributed.

About Admin

x

Check Also

St. Jude impasse: HR manager to be sent on administrative leave — NWU

(PRESS RELEASE) — A mediation meeting held between the management of St. ...