Monday, April 6, 2009

Cuban Americans: Reuniting and it feels so good

WHAT'S HAPPENING
Cuban mamás are most likely applauding a $410 billion spending bill signed into law March 2009 that promises to grant their sons and daughters more leeway when traveling to Cuba.

The bill allows native sons and daughters annual visits, removes limits on how long they can stay in Cuba, and increases allowable spending in the island from $50 to $179 a day.

The bill also eases financing rules for imports of U.S. food and medicine into Cuba, suspending enforcement of regulations requiring Cuba to pay cash before U.S. goods are delivered.


WHAT THIS MEANS TO BUSINESS

Because restrictions regarding Cuban Americans visiting family members have long been strident, those citizens are sure to take advantage of proposed easement, even during these rough economic times.

There's also hope that passage of the bill into law will lead to steps toward friendlier relations with Cuba, and that the 50-year-old trade embargo could soon be lifted.