Posted on 09/20/2015 12:21:44 PM PDT by Lorianne
After a half century of travel and trade embargoes against Cuba, American businesses will soon be able to return the island nation and establish offices there. Today, the U.S. government announced a new slate of revised Cuba-related regulations that will ease restrictions on commerce and tourism.
Starting on Monday, according to the Treasury Dept.’s Office of Foreign Assets Control [OFAC], a variety of American business types “will be allowed to establish and maintain a physical presence, such as an office, retail outlet, or warehouse, in Cuba.”
Among the allowed types of businesses: news bureaus; exporters of authorized goods, including agricultural products and some construction materials; parcel services and certain cargo transportation services; providers of telecommunications or Internet-based services; educational and religious organizations; and certain travel services.
These U.S. businesses will also be allowed to hire Cuban citizens alongside their American employees, and have bank accounts in the country.
(Excerpt) Read more at consumerist.com ...
What are the Liberals going to say if Cuba transforms into another Hong Kong?
and have bank accounts in the country. ===
Odd, it is nigh onto impossible to open a bank account an any other non-US country.
It’s not with the Castro regime running it.
So Congress has no say now on the embargo?
BTTT
What have the Castros achieved in 55 years?
I would be surprised if President Trump opens a Trump Casino in Havana!
I WOULDN’T be surprised...
I’m thinking more like Singapore. A fascist leader, albeit on the left, who allows a good measure of economic freedom. It’s hard to envision though because most successful fascists and dictators are from the right and usually “suffered” under English rule. Is there an example of similar left fascists being successful?
You really believe that. The Castros have a successor. And he or she will be just as totalitarian as the Castros are now.
the only question to ask is will the Cuban people be allowed to freely travel back and forth to the U.S.?????
The crony capitalists have a vision of more cheap labor they can exploit and the real reason for this opening to Cuba is to help the banking-business elites expand their operations and influence in the world.
The first person to open an Auto Zone in Cuba will become a millionaire overnight.
Don’t be surprise he will be the first =)
I’d say the People’s republic of China is reasonably successful. And at least nominally leftist.
Carnival Cruise Lines is already in negotiations to construct several ports in 2016-2017, place will be a cash cow for the early investors.
Suckers. I will laugh as they lose their shirts when their assets are nationalized.
The Castros have a successor. And he or she will be just as totalitarian as the Castros are now.
Barack Obama!
With weath will come a desire for FREEDOM—Contact with Americans will bring about the True Revolution—The Castros will be hung from a lamppost.
Who would invest in that dump?
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