Engage Cuba Statement on Amendments to Cuban Assets Control Regulations and Export Administration Regulations

WASHINGTON – Following today’s decision by the U.S. government to remove restrictions on payments and financing for exports and re-exports with Cuba, along with loosening travel restrictions on the Island, James Williams, President of Engage Cuba, issued the following statement:

“Today is another giant step forward to loosen the outdated policies of the trade embargo era and to bring the people of the United States and Cuba closer together. As Americans are able to increase their export business to the Island and make secure payments, we expect these regulations to help the Cuban people get access to the essentials that they need and to support American free enterprise. Ultimately, these new regulations mean that we can better support American businesses on the island while fostering a more stable economy for the Cuban people. This will allow for greater flexibility, security and independence for both Americans and Cubans.”             

"Today's announcement reflects the support of the broad majority of the American and Cuban people for a new Cuba policy.  Now it is time for Congress to do its job and end the embargo, a policy that has been a colossal failure for over 50 years."