US eases air travel and export financing sanctions on Cuba

The United States announced changes to its sanctions on Cuba, lifting export payment and financing restrictions and facilitating airline travel in Washingtons latest move to ease the US embargo on the island. The amendments, which take effect on 27 January, will remove restrictions on payment and financing terms for authorized exports and re-exports to Cuba of items other than agricultural items or commodities, according to a statement from the Treasury and Commerce Departments. Jan 27, 2016