Reprint from Bloomberg | B. Bartenstein | Dec. 15, 2020
The president-elect plans to reduce restrictions on Havana
President-elect Joe Biden’s team plans to bring the U.S. closer to normalized relations with Cuba, reversing many of the sanctions and regulations imposed during the Trump administration, according to people familiar with the matter.
That strategy includes reducing restrictions on travel, investment and remittances for the island nation that are perceived to disproportionately hurt Americans and ordinary Cubans, said the people, who requested anonymity because the new administration is still coming together. Other measures that target Cuba for human rights abuses would remain in place, the people said.
The prospect of a détente between Washington and Havana rekindles memories of the thaw that Biden helped champion during the Obama administration, when the two nations restored diplomatic ties that had been broken for decades following Fidel Castro’s rise to power. READ MORE