Cuba Sanctions Update

President Obama’s recent historic announcement to reopen diplomatic relations between the U.S. and Cuba was quickly followed by regulatory changes intended to facilitate the expansion of trade between the two nations. 

Both the Office of Foreign Assets Control (OFAC) and the Bureau of Industry and Security (BIS) issued these regulatory changes, which include: a new OFAC rule, including a new General License, easing of travel restrictions and facilitation of authorized financial transactions; enhancements to the Export Administration Regulations (EAR), including a new license exception; and more. 

This webinar will review these new rules, address restrictions still in place, and discuss how businesses can take advantage of these changes. The webinar will also provide an outlook for future business opportunities in Cuba.