Obama Administration Releases Details of Amendments to the Cuba Sanctions

Obama Administration Releases Details of Amendments to the Cuba Sanctions

Today, the Department of Commerce and the Department of the Treasury are announcing additional revisions to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR), building off the changes put into place by Treasury and Commerce on January 16, 2015 and further delivering on the new direction toward U.S. relations with Cuba that … Read more

How Re-Designating Cuba Under “Trading with the Enemy Act” Helped Ease the Embargo

How Re-Designating Cuba Under “Trading with the Enemy Act” Helped Ease the Embargo

On September 11, President Barack Obama extended Cuba’s status as an “enemy” under a 1917 law called the Trading with the Enemy Act.  North Korea was removed in 2008 – Cuba is the only country with this special designation. Ironically, by extending Cuba’s designation as an enemy, Obama preserved his executive authority to chip away at … Read more