Treasury Department Detail Changes Between The US-Cuba Relations

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MIAMI (CBSMiami) – The White House released a picture Friday of President Obama on the phone with Cuban leader Raul Castro.

The call came as the Treasury Department released the details of the sweeping changes between the U.S. and Cuba set to take effect Monday.

Among those changes are:

  • There will no longer be any limits on the amount of money Cuban Americans can send to their relatives in Cuba.
  • American businesses can have a greater presence on the island by opening offices and storefronts. Plus, U.S. internet and phone companies will be allowed to negotiate directly with the Cuban government
  • American cruise ships will now be free to dock in Havana,
  • Americans will be allowed to maintain bank accounts in Cuba.
  • More Americans will be allowed to travel to Cuba for humanitarian projects and professional research.

 

Congresswoman Ileana Ros-Lehtinen had this reaction when CBS4 spoke with her Friday.

"I would tell those businesses to be very careful because there's not an entity or country or person to whom the Castro regime does not owe millions of dollars," she said.

Pope Francis played a major role in normalizing relations between the U.S. and Cuba. Francis is scheduled to visit Cuba and the U.S. starting Saturday.

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