to boost Internet accessibility and entrepreneurship
By Glenda Boza Ibarra (El Toque)
HAVANA TIMES – The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury announced significant amendments to several embargo regulations on Tuesday, May 28, 2024. These amendments aim to expand Internet access and promote private entrepreneurship in Cuba.
The main goal of this action is to implement the policies announced by the Biden Administration on May 16, 2022, designed to increase support for the Cuban people.
The new amendments, which will take effect upon their publication in the Federal Register, update the Cuban Assets Control Regulations in effect since 1963.
The modifications range from the export of cloud-based services to the redefinition of independent entrepreneurs in the private sector.
Internet Access and Cloud Services
One of the measures announced by OFAC relates to Internet access from Cuba and seeks to improve connectivity and the flow of information between the United States and the island.
To this end, they will now facilitate access to modern technologies that allow open communication between citizens of both countries. US companies will be able to offer a broader range of cloud services to users in Cuba, which will enhance connectivity and access to digital tools.
The amendment also allows the export of technical support services and extends authorization for services such as installation, repair, and replacement of certain equipment, removing the previous requirement that these items be classified under specific export control parameters.
However, items subject to the Export Administration Regulations of commercial and dual-use (commercial and military/security applications) products must still be licensed or authorized by the Department of Commerce for export or re-export to Cuba.
Lastly, OFAC authorizes the export or re-export of software directly or indirectly from the US or by a person subject to US jurisdiction in Cuba.
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