Join the conversation:

Apple May Sell In Cuba After U.S. Ends Trade Embargo

Apple May Sell In Cuba After U.S. Ends Trade Embargo

Posted by Juan Gavasa on February 20, 2015

Apple's new stance is in accordance with the U.S. Department of Commerce's Bureau of Industry and Security, which recently amended its Export Administration Regulations. The changes create an exception for Consumer Communication Devices, under a license entitled "Support For The Cuban People."

In addition, the Cuban Asset Control Regulations were also updated by the U.S. Department of the Treasury, authorizing export and reexports of items authorized by the BIS. The change to Apple's policies was first noted by Collin Anderson.

The relaxed government policies follow an announcement from President Barack Obama, who said in December that new rules easing the U.S. government's stance toward the communist nation of Cuba would take effect.

The new rules related to consumer electronics and software allow devices to be sold to Cuban government owned, operated, or controlled companies and corporations for resale to the Cuban people. U.S. companies can also provide services such as cloud storage, and support and services related to the use of hardware and software.

Link To Full Article: 

Facebook comments



Monthly newsletter featuring articles hand picked by our country managers from the best content across PanamericanWorld.



Monthly newsletter featuring articles hand picked by our country managers from the best content across the Caribbean Region on PanamericanWorld.

PANAMERICANWORLD COUNTRIES